FAIRLIGHT DIVESTS PRO AUDIO TECHNOLOGY
Australian technology development company Fairlight is actively seeking a buyer for its Professional Audio technology.
“Over its long history, Fairlight has continually developed highly innovative professional audio technologies that are used by a large number of major content producers around the world” says Philip Belcher, CEO. “With a range of innovative new AES67 compliant audio distribution products approaching release, it has been decided that the potential for Fairlight’s professional audio technologies is much larger than can be achieved under the current ownership.”
Fairlight is seeking to enter discussions with organisations that wish to leverage its professional audio technologies to add to their offerings. It is anticipated that with the level of interest for the technologies that offer the potential of a key strategic advantage as part of a larger portfolio, it should not be long before a transaction is complete.
The company will now focus its efforts on its patented picture key work surface technology which it licences to manufacturers of highly user interactive tactile equipment.