Yamaha Corporation’s acquisition of Line 6, Inc. creates a powerful force to drive innovation and inspire musicians.
CALABASAS, CA – 20.Dec 2013 – Yamaha Corporation and Line 6, Inc. today announced a definitive agreement for Yamaha to acquire Line 6, a leading manufacturer of innovative solutions for musicians. The acquisition expands Yamaha’s portfolio of modeling guitar processing products as well as pro-audio equipment, and offers new and exciting opportunities for accelerated growth for both companies.
Line 6 products have been at the cutting edge of digital audio development for musicians and audio professionals since the company pioneered the digital modeling guitar amplifier in 1996. Line 6 continues to deliver innovation and excellence across its industry-leading portfolio, including POD® multi-effect processors, digital effects, guitar amplifiers, modeling guitars, a range of professional instrument and microphone digital wireless systems, digital live sound mixers, speakers, as well as iOS interfaces.
Under the terms of the agreement, Yamaha will operate Line 6 as a wholly owned subsidiary to fully realize the compelling opportunities for the two brands with Line 6’s operations continuing as before and its management team remaining in place. [read]