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ACQUIRED COMPANY
 
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Digidesign  (Stock symbol: DGDN ) Acquired by Avid Technologies (1994)

2001 Junipero Serra Blvd
Daly City, CA 94014
USA
(650)-731-6300
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Leonard Baker (Sutter Hill Ventures) David Brown (Quantum);  Timothy C. Draper (Draper Fisher Jurvetson) Rupert Johnson (Franklin Resources)
Company

Business description: Digidesigna division of Avid Technology, is the leading manufacturer of computer-based digital audio production systems. We provide the professional music, broadcast, multimedia and film industries with tools for creation, production, collaboration and distribution in today's digitally connected world. Digidesign is also an innovator of core technologies that have revolutionized the audio profession and advanced the art of recording. Our Pro Tools digital audio workstation has been recognized as the industry standard for digital audio production, receiving the 2001 Technical Grammy Award.
Customers include: Avid
Partners include: Franklin Resources;  Avid;  XM Productions/Effanel Music (Effanel)
Capital

Rounds: 3
Capital raised: 5.1M
Ownership: Acquired by Avid Technologies (1994)
Stock Symbol: DGDN
Angels/other VCs: David Brown (Quantum)
Corporate investors: Franklin Resources

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Overview
Record updated: Nov 2005
Sector: Communications
Year Founded: 1985
Headcount: 401-500 as of Jan 2003
Rounds: 3
Capital Raised: 5.1M
Ownership: Acquired by Avid Technologies (1994)
Stock Symbol: DGDN