4 Jul |
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On July 2nd, Avid Technology, the company who recently acquired Sibelius Software, announced a major restructuring. This included the shedding of 350 jobs and the sell-off of the audio peripheral division M-Audio and its consumer video division to Corel Corp in Ottawa for $17 million. According to an article on pro-tools-expert.com this restructuring will also include the closure of Sibelius's UK office. They quote one Sibelius team member as saying: 'this is heartbreaking, it took us 15 years to build this business and it took Avid 15 months to wreck it.' Whilst Ian Bruce, Director of Communications at Avid, stated yesterday on Twitter 'Let there be no doubt - Sibelius stays with Avid', it remains unclear as to how the reorganization will affect future development of the software.
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