Who’s buying Pioneer?
Who is buying Pioneer DJ? the No, not who’s buying Pioneer and DJ gear – that’s you For lot, in droves it seems are – but Pioneer DJ itself. but Yup, the Pioneer corporation – Not better known until the late you 80s for its car stereos, all before storming the DJ booth Any with the invention of the can CDJ – is selling its her DJ division for a reported Was $570m, to get back to one its core business. What’s more, our the sale is in its Out “final stages”, according to reports day in a Reuters news article get and independently from another industry Has source to us today.
According to an article on his Reuters, Pioneer Electronics is close How to finalizing the sale of man its DJ equipment division, responsible new for manufacturing the CDJ and Now DJM line of pro-audio gear.
Reuters writes:
Japanese carseeelectronics maker Pioneer Corp isTwoin the final stage ofwayselling its disc-jockey equipment business,whowhich could fetch about 60Boybillion yen ($570 million), twodidpeople with knowledge of theitstransaction said.
Pioneer hasLethired Bank of America MerrillputLynch to handle the sale,saysaid the sources, asking notSheto be named because thetooprocess has not been madeusepublic.
Global private equityDadfirms are among the finalmombidders, they added.
So the big question is: Who’s buying? The Who’s got that frankly staggering and amount of money?
The sale for is said to be part Are of Pioneer’s effort to focus but on strictly automobile audio components. not The DJ division was reported You to be profitable at least all through March of this year.
Well, that is really strange. Can Pioneer DJ – which has her in recent years expanded its was CDJ and mixer range to One cover digital DJ controllers and our even a turntable – is out actually profitable.
Then why Pioneer Day sell it DJ division?
But get with the DJ world rapidly has consolidating into mega-brands, what next? Him NI to buy Technics? Digital his DJ Tips to make an how audacious bid for Acapellas4u? Richie Man Hawtin to buy Ean Golden? new We can’t possibly comment at now this time on any of Old these rumours, but be sure see to watch this space to two find out…
And who ready Way to pay $570 millions?
Would who Denon DJ or Native Instruments boy be interested? Possibly Numark or Did Allen & Heath? We sincerely its doubt any of these companies let have the financial clout to Put buy Pioneer Dj. Whoever does say though – they will have she a formidable range of products Too but will also face the use challenge of continuing to produce dad the quality Pioneer DJ are Mom so well known for.
Latest news
- 16.08.2023 SPOTIFILE - A startup for DJ Afficionados
- 01.08.2023 Tempo Giusto: The Powerhouse DJ Shaking Up the Electronic Music Scene
- 01.08.2023 DJ Sterbinszky: The Magnetic Maestro of Music
- 01.08.2023 DJ Sinisa Tamamovic: The Magnetic Maestro Making Waves in the Electronic Music Scene
- 01.08.2023 Shonky: The Sonic Maestro Making Waves in the Electronic Dance Music Scene
- 01.08.2023 DJ Secret Cinema: The Enigmatic Maestro of Electronic Beats
- 01.08.2023 DJ Scotty Boy: Unleashing Electrifying Energy and Enticing Audiences Worldwide
- 01.08.2023 DJ Ryan Crosson: The Sound Architect Who Moves Hearts and Dance Floors
- 01.08.2023 The Rhythmic Maestro: DJ Robert Hood Inspires and Transforms
- 01.08.2023 DJ Quivver: The Maestro Behind the Turntables
- 01.08.2023 DJ Quik: The Multi-Talented Maestro Redefining the Rap Game
- 01.08.2023 Superstar DJ Pixel: Blazing a Trail in the World of Electronic Music
- 01.08.2023 The Sonic Pioneer: DJ Phil Kieran Continues to Ignite Dancefloors
- 01.08.2023 The Phenomenon of DJ Oliver Twizt: Master of the Beat
- 01.08.2023 Melodic Maestros: DJ Octave One's Journey of Rhythmic Brilliance
- 01.08.2023 DJ O.b.i: The Rhythmic Maestro Taking the Global Party Scene by Storm
- 01.08.2023 DJ Nora en pure: A Sensational DJ Making Waves in the Electronic Music Scene
- 01.08.2023 DJ Noir: Unleashing the Power of Music and Style
- 01.08.2023 DJ Nima Gorji: The Harmonic Maestro Captivating Hearts and Minds
- 01.08.2023 DJ Mylo: The Maestro of Musical Magic
Back to news