| Yamaha
Makes Equity Investment in Waves
New Relationship Between Musical Instrument Leader and Audio Processing Innovator |
||
|
Tel Aviv, Israel and San Mateo, Calif., August 22, 2000 -- Waves, the leading
supplier of DSP software for the professional audio and multimedia markets,
today announced that the Yamaha Corporation has made an equity investment
in the company. According to Gilad Keren, Waves' CEO, Yamaha is the first major corporate investor in Waves. In April of this year, Waves announced that it had concluded an agreement with the Professional Audio Systems Division of Yamaha to co-develop a special DSP effects card using digital signal processing (DSP) for future releases of Yamaha mixer products. "We are pleased to expand our relationship with a world-class company such as Yamaha," stated Keren. "We look forward to future opportunities to work with the company." Masatada Wachi, Managing Director at Yamaha added, "We have recognized Waves as one of the premier innovators in audio processing technology. Waves' range of advanced psychoacoustic Audio Technology Intellectual Property (IP) technologies should prove to be of value to Yamaha. We look forward to working closely with them." Founded in 1988, Waves Ltd. is the leading provider of Audio Technology Intellectual Property (IP). Waves' Maxx technology is setting a new standard in audio signal processing, providing psychoacoustic audio IP that radically enhances audio performance. Waves' IP has been licensed to several leading companies, including Motorola and Microsoft. Source: Waves Ltd. Web: www.yamaha.com www.waves.com |
||
|
|