Pinnacle today announced the acquisition of the Dazzle home video editing business from SCM Microsystems (purchase price approximately .5 million of Pinnacle Systems common stock). Pinnacle will acquire selected assets and liabilities, including all product rights, inventory, intellectual property, trade names and other rights related to the business.
Dazzle is the 19th company Pinnacle has bought over the last few years -- who will be No. 20?
A short history:
1996 Gold Disk Video Director
1997 Digital-Video-Bereiche (DVE) miro Computer Products AG
1999 Truevision, Inc.
1999 Video Server Hewlett Packard
2001 FAST Multimedia AG
2002 VOB Computersysteme GmbH
2002 Steinberg Media Technologies AG