Current Issue : July-August 2024
Read/Download

OR

Flipbook

OR

To The FREE Digital Magazine And Newsletters

Articles July-August 2024

Discover the Best Studio Microphones of 2024 New!

Unlock the full potential of your recordings with the latest studio microphones. This feature highlights exceptional products from leading brands that deliver unparalleled sound quality and durability. Explore the dynamic and condenser options redefining the pro audio market. read more

Upgrade Your Sound: 6 Reasons to Switch to Digital Wireless Microphones New!

From minimising interference to ensuring crystal-clear performance, find out why making the switch from Analogue to Digital can enhance your live shows. Elevate your audio and discover how digital systems offer superior sound quality, intelligent signal management, and hassle-free setup. read more

Phoenix Networks Makes International Debut at Kathmandu Music Festival 2024 New!

Phoenix Networks, in collaboration with Meyer Sound Panther and Leopard systems, celebrates a major milestone with its first international gig at the Kathmandu Music Festival 2024, enhances the vibrant cultural exchange in Nepal. Join us as we explore this landmark achievement and the future of Phoenix Networks on the world stage. read more

Leksa Lighting: Pioneering Professional Lighting Solutions New!

Leksa Lighting Technologies is revolutionizing the professional lighting industry in India with its cutting-edge LED solutions. Ronald Silva D'Souza delves deeper into how the brand is performing in the lighting market and its commitment to the 'Make in India' initiative read more

Shaping the Future of Sound: Meet the IRAA 2024 Jury Panel New!

As the Indian Recording Arts Academy Awards (IRAA) supported by GENELEC, the IRAA Awards continue to recognize outstanding achievements in music production and engineering. This year's esteemed jury panel continue to recognize outstanding achievements in music production and engineering read more

Audio Visual Magic at Lollapalooza India 2024 New!

Lollapalooza India's 2024 edition showcased an eclectic mix of global and local music across four stages. This article highlights the stellar audio-visual setups by Audio Dimensionz on Perry's Stage and ElectroCraft on the Nexa Stage, delivering a truly immersive experience. read more

Panel Discussion on Manufactured Lighting in India New!

A panel of industry experts, moderated by Viraf Pocha, discussed the potential and challenges of advancing 'Make in India' for stage lighting technology with insights from leaders like Ronald Silvan D'Souza, Manoj Lobo, Koy Neminathan, and Arvind Singh. read more

Sound Matters: Taking Noise Off The Menu New!

Hewshott, one of the leading technology, acoustics, and theatre consultants in the world, delivered exceptional spatial experiences at Otra, Kala Ghoda. read more

11 Questions with Christine Schyvinck New!

CEO of Shure, reflects on her 35-year journey with the company and discusses her vision for the audio technology giant. read more

Canara Lighting Completes Landmark Installation at India International Convention & Exhibition Centre (IICC), Yashobhoomi New!

Canara Lighting successfully completed a significant project at the India International Convention & Exhibition Centre (IICC), Yashobhoomi, in Dwarka, New Delhi. read more

Celebrating 22 Years of Innovation and Industry Leadership in India's Live Events Sector New!

The 22nd edition of PALM Expo, held from May 30 to June 1, 2024, at the Bombay Exhibition Centre in Mumbai, saw a record-breaking 25,510 unique visitors and was a massive success. Spanning 30,000 sqm, the expo showcased the latest in live events, media, and entertainment technology, with electrifying performances and cutting-edge industry insights. read more


Show More

KKR Sells Stake In DJ Equipment Maker Alphatheta to Japan’s Noritsu




Investment firm KKR is selling ownership of AlphaTheta (formerly Pioneer DJ) to Noritsu, a Japanese photo processing machine manufacturer.

On March 2nd, 2020 Noritsu Koki Co., Ltd. has signed a Share Purchase Agreement with KKR PDJ Investment L.P. and Pioneer Corporation to transfer all AlphaTheta Corporation share each company holds to Noritsu Koki Co., Ltd.
With this agreement Noritsu Koki Co., Ltd. will be the parent company for AlphaTheta Corporation early April 2020.

As per the official press release by AlphaTheta, “Our business, operations, brands, including brand names will not be affected. We will continue contributing to the music industry with our innovative products and superior service through Pioneer DJ, rekordbox, KUVO, TORAIZ, Pioneer Professional Audio brands.”



Tokyo Stock Exchange-listed Noritsu said it will acquire all shares of AlphaTheta for 35 billion yen ($324.9 million), and will use a 30 billion yen non-recourse loan to pay the interest-bearing debt of the target company. The acquisition is aimed at increasing the profitability of the company’s businesses and achieving growth in the medium-term management plan.

The deal comes shortly after AlphaTheta rebranded the business earlier this year.

“We are proud to have worked with the management team and employees of Pioneer DJ, now AlphaTheta, to assist the business’ growth in key global markets and to accelerate the company’s migration towards a software-subscription model to align with emerging industry trends – all as a standalone company,” Hiro Hirano, co-head of private equity for KKR Asia Pacific and CEO of KKR Japan, said in a statement. 

Current Issue : July-August 2024
Read/Download

OR

Flipbook

OR

To The FREE Digital Magazine And Newsletters

Archives

Palm Expo Magazine July-August 2024 Palm Expo Magazine July-August 2024
Palm Expo Magazine May June 2024 Palm Expo Magazine May June 2024
Palm Expo Magazine Mar Apr 2024 Palm Expo Magazine Mar Apr 2024
Palm Expo Magazine Jan Feb 2024 Palm Expo Magazine Jan Feb 2024
X