What's up with all Venture Capitalist buying (IK Multimedia now)

[DJ Warmonger]

What's up? Well, some people have so much money they don't quite know what to do with it and buy any random companies that can bring profit.

We're living in a world of late capitalism, where everything is (or will soon belong) to a few. But I said that already in a different thread.

[Aleksey Vaneev]

Capitalism end-game, when it either collapses together with the country, or transforms into governmental socialism with huge taxes.

[Urs]

So maybe those emails I get from venture capitalists almost every day are not just spam?

It may be a spam (however, I do not receive such spam myself often). In my case it was a contact from a well-known company and webdomain.

I'm just joking. I'd consider it spam regardless of who sends it. I never asked for it, hence it's spam.

[jamcat]

There was an update to this from the same two writers, Micaela Osella and Valentina Caiazzo, on December 15th in Unquote.

"Armira closing in on purchase of IK Multimedia

Munich-based sponsor Armira is in final-stage talks to acquire IK Multimedia, an Italian designer of apps for music creation, according to two sources familiar with the situation."

https://www.unquote.com/southern-europe ... multimedia

Peter said it's not true after the initial story came out (prior to this latest news), but then again it's literally his job to lie for IK, so I dunno.

[CrystalWizard]

Late stage hyper capitalism. Mostly the vulture capitalists are looking to strip the assets and just leave the corpse behind.

[Super Piano Hater 64]

Want to contemplate a nightmare scenario? Suppose Apple decides it want to corner the computer-based music production market. It buys Steinberg for pocket change (for Apple, it would be pocket change). Kiss everything we know PC/music-wise goodbye.

This just made me laugh.

If it actually happened I'd still just laugh.

[digitalboytn]

The main reason the Vulture Capitalists are interested in IKM is because of the Sunset Sounds Reverb