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Why did Avid sell M-Audio?

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Pro Tools manufacturer Avid has announced that it's selling M-Audio, the music technology hardware and software company that it acquired in 2004. It's being sold to inMusic, the parent company of (among others) Akai Professional, Alesis and Numark. read more

In the end, they sold M-Audio simply because it is not good for business to lose hundreds of millions of dollars each year. read more

M-Audio's Venom synth was released in 2011. Pro Tools manufacturer Avid has announced that it's selling M-Audio, the music technology hardware and software company that it acquired in 2004. It's being sold to inMusic, the parent company of (among others) Akai Professional, Alesis and Numark. read more

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Avid M-Audio Fast Track C400 and C600 recording interfaces ...
Source: rekkerd.org