SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis G. who wrote (6884)12/10/1997 10:13:00 AM
From: Kulnor  Read Replies (1) | Respond to of 13925
 
ENSONIQ to be Acquired by Creative Technology; Acquisition Focuses on New OEM Opportunities
biz.yahoo.com

Creative to Acquire ENSONIQ
biz.yahoo.com

P2



To: Dennis G. who wrote (6884)12/10/1997 1:07:00 PM
From: Dan Woodbury  Read Replies (4) | Respond to of 13925
 
I don't have any financials to say whether or not CREAF got a good price. What is obvious is that the company is very determined to protect its current sound board market as well as enter new audio markets. With Ensoniq, CREAF now has OEM deals with both DELL and Gateway and probably HP and Micron but I'm not sure about that.

Since CREAF has been blocked from buying back shares (that seems to be the assumption of this forum) then buying up the competion is the next best thing.

I will especially interested to see how far from PC audio CREAF branches. Ensoniq gives them keyboards and audio mastering equipment. Cambridge gives them speakers. They already have DVD agreements. On one hand, I don't want to see CREAF get too involved into low margin consumer electronics but on the other hand, investors really aren't valuing CREAF much more than a low margin player.

CREAF still has $320 million US. What else could be on their shopping list?