SAE Sell Neve

ninjadave · 22nd December 2006

BURNLEY, LANCASHIRE, U.K., December 19, 2006 — As part of a comprehensive business plan addressing international brand expansion and positioning, it was announced today that Oribi Investments Ltd. has secured major interest in AMS Neve Ltd. The investment in AMS Neve by Oribi Investments Ltd. is part of Oribi’s ongoing plans to develop an investment portfolio in the film, broadcast and audio technology manufacturing sectors.

The announcement comes on the heels of AMS Neve celebrating its 45th anniversary, and the acquisition is the culmination of a series of negotiations between Oribi Investments Ltd and the company’s original shareholders SAE Educational Trust Ltd. and AMS Neve Director Mark Crabtree.

In the new structure, SAE will remove itself from the day-to-day operations of AMS Neve Ltd., however will continue to supply valuable industry information to support the company's development of market driven products. Mr. Crabtree will continue to lead the Company.

Oribi Director Mr. Manoj Purayil said, “We have been very interested in investing in high end European electronics development and manufacturing for some time and recognize the quality, appeal and potential of the AMS Neve range in its respective markets.”

“SAE have provided AMS Neve Ltd. substantial financial and other support over the past 18 months but recognize that with the continuing need for large investment in R&D and the projected release of new products, the time had come to attract a third shareholder which would bring with them a series of additional funding and other benefits,” said Dr. Tom Misner, the SAE Group Founder & President.

Mr. Crabtree adds, “Our markets are always hungry to embrace advances in the art and science of professional audio technology, and AMS Neve is widely recognized for leading the way in these exciting areas. We continually strive to provide our customers with the all-important competitive ‘edge’ that our advanced and innovative products can bring to their operations. The recent restructure will pave the way to take the business to the next level.”

The AMS and Neve brands are synonymous with the world’s best audio, film and broadcast products and equipment. AMS Neve Ltd. will continue to lead the way with the proposed announcement for the release of a number of new products for 2007.

Adria_BCN · 22nd December 2006

Don't know where you pasted that notice from, but at SAE's website it said they were going to open a factory at Hungary for AMS Neve..... What the fck??? Neve made in Hungary??¿?¿?¿?

Will this be worst than SAE?

The MPCist · 22nd December 2006

Quote:

Originally Posted by ninjadave

B

In the new structure, SAE.....will continue to supply valuable industry information to support the company's development of market driven products.

SAE giving 'valuable industry information'. HAHAHAH! Quite funny. I don't see how SAE can give any industry information other than what their kid students with PT LE / Cubase want. Oh, maybe SAE's also providing info to Digidesign as well -- that must be it --- no wonder we got all that mpowered, LE, M audio stuff coming out... Yep, SAE be givin info to them as well!

Neve could get alot of valuable industry feedback just be being a member of this forum than wasting their resources and listening to people who have no clue whatsoever.

The Reel Thing · 22nd December 2006

They could be bought by McDonalds, for all I care.
That would go much better alongside SAE C.I. than any other company name, wouldn't it?

Quote:

Originally Posted by ninjadave

Dr. Tom Misner, the SAE Group Founder & President.

Dr.? I mean, come on.
Go publish your PHD thesis, then call yourself Dr.

ninjadave · 22nd December 2006

It is from the ams neve website. Not sure what the hungary thing is. From the sae press release I guess the two things aren't directly connected and Oribi is buying another company in hungary.

SnakeCained · 23rd December 2006

Who are "Oribi Investments Ltd"?

I did a little digging and the words "front" and "shell" spring to mind.

As to the DR thing, you think Dre got a phd? (although he deserves one)

I heard AMS-NEVE have taken on the guy who did all the Chinese production line for Behringer.

Interestingly Hungary becomes an EU country on the 1st Jan 2007 which could be a nice little import tax solution.

Since the Misner take over pretty much nothing product wise had appeared.

Methinks Misner and Crabtree didn't hit it off that well.

pan · 23rd December 2006

Quote:

Originally Posted by SnakeCained

you think Dre got a phd?

profaders · 5th January 2007

Please remember good people that it is not Neve, but AMS Neve - the nearest thing to a Neve coming out of the factory in the last few years was the 88R, and that thanks to Robin Porter - nothing to do with Mr (AMS) Mark Crabtree.

The plan was always for Mark Crabtree to rest back what he has always believed was his by right in the first place. Tom Misner realised that he doesn't have deep enough pockets for R&D and new product. Mark Crabtree yet again played a blinder, but he is in the wrong job. The whole of the digital range of product is 'challenged.' They have also pissed off a lot of customers and users, who have long memories. Simply, they are light years behind and need a fist full of money to turn it around - and a fairy wand.

PhilE · 5th January 2007

Lets face it nobody likes the AMS Neve stuff apart from the reissues of the Neve gear. 88R is supposed to be getting back in the right direction.
I wish they would concentrate on making the AMS outboard again instead- but am I right in thinking they dont have the rights?

bassjam · 13th September 2010

Quote:

Originally Posted by SnakeCained

Who are "Oribi Investments Ltd"?

I did a little digging and the words "front" and "shell" spring to mind.

The penny drops!

As to the DR thing, you think Dre got a phd? (although he deserves one)

I heard AMS-NEVE have taken on the guy who did all the Chinese production line for Behringer.

He was only there for about 6 months

Interestingly Hungary becomes an EU country on the 1st Jan 2007 which could be a nice little import tax solution.

Misner doing a tax dodge??? NEVER!

Since the Misner take over pretty much nothing product wise had appeared.

Apart from a load of desks is SAE collages!

Methinks Misner and Crabtree didn't hit it off that well.

Indeed! Maybe the genius behind the DMX played a blinder and bought the company back for a song.

bassjam · 13th September 2010

Quote:

Originally Posted by PhilE

Lets face it nobody likes the AMS Neve stuff apart from the reissues of the Neve gear. 88R is supposed to be getting back in the right direction.
I wish they would concentrate on making the AMS outboard again instead- but am I right in thinking they dont have the rights?

Of cause they have the rights! Mark is AMS! He is servicing our units, thats what clinched the 88 deal for us!

22nd December 2006	#1
ninjadave Gear interested Join Date: Nov 2005 Location: London Posts: 12 Thread Starter	SAE Sell Neve BURNLEY, LANCASHIRE, U.K., December 19, 2006 — As part of a comprehensive business plan addressing international brand expansion and positioning, it was announced today that Oribi Investments Ltd. has secured major interest in AMS Neve Ltd. The investment in AMS Neve by Oribi Investments Ltd. is part of Oribi’s ongoing plans to develop an investment portfolio in the film, broadcast and audio technology manufacturing sectors. The announcement comes on the heels of AMS Neve celebrating its 45th anniversary, and the acquisition is the culmination of a series of negotiations between Oribi Investments Ltd and the company’s original shareholders SAE Educational Trust Ltd. and AMS Neve Director Mark Crabtree. In the new structure, SAE will remove itself from the day-to-day operations of AMS Neve Ltd., however will continue to supply valuable industry information to support the company's development of market driven products. Mr. Crabtree will continue to lead the Company. Oribi Director Mr. Manoj Purayil said, “We have been very interested in investing in high end European electronics development and manufacturing for some time and recognize the quality, appeal and potential of the AMS Neve range in its respective markets.” “SAE have provided AMS Neve Ltd. substantial financial and other support over the past 18 months but recognize that with the continuing need for large investment in R&D and the projected release of new products, the time had come to attract a third shareholder which would bring with them a series of additional funding and other benefits,” said Dr. Tom Misner, the SAE Group Founder & President. Mr. Crabtree adds, “Our markets are always hungry to embrace advances in the art and science of professional audio technology, and AMS Neve is widely recognized for leading the way in these exciting areas. We continually strive to provide our customers with the all-important competitive ‘edge’ that our advanced and innovative products can bring to their operations. The recent restructure will pave the way to take the business to the next level.” The AMS and Neve brands are synonymous with the world’s best audio, film and broadcast products and equipment. AMS Neve Ltd. will continue to lead the way with the proposed announcement for the release of a number of new products for 2007.

5th January 2007	#8
profaders Gear interested Join Date: Oct 2006 Location: UK Posts: 16	Please remember good people that it is not Neve, but AMS Neve - the nearest thing to a Neve coming out of the factory in the last few years was the 88R, and that thanks to Robin Porter - nothing to do with Mr (AMS) Mark Crabtree. The plan was always for Mark Crabtree to rest back what he has always believed was his by right in the first place. Tom Misner realised that he doesn't have deep enough pockets for R&D and new product. Mark Crabtree yet again played a blinder, but he is in the wrong job. The whole of the digital range of product is 'challenged.' They have also pissed off a lot of customers and users, who have long memories. Simply, they are light years behind and need a fist full of money to turn it around - and a fairy wand. __________________ Profaders Share the knowledge - share the experience www.audio-oracle.com

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread starter	Forum	Replies	Last Post
any SAE audio engineering degree students/graduates on this forum?	mos	So much gear, so little time!	4	23rd November 2006 02:06 AM
SAE buys AMS Neve!!!!	Jules	Product Alerts older than 2 months	90	10th February 2006 04:55 PM
SAE + NEVE	aeroc	So much gear, so little time!	1	20th June 2005 08:16 AM

22nd December 2006	#2
Adria_BCN Gear maniac Join Date: Apr 2005 Location: Barcelona, Spain Posts: 195	Don't know where you pasted that notice from, but at SAE's website it said they were going to open a factory at Hungary for AMS Neve..... What the fck??? Neve made in Hungary??¿?¿?¿? Will this be worst than SAE?

23rd December 2006	#6
SnakeCained Lives for gear Join Date: Apr 2004 Location: LONDON Posts: 662	Who are "Oribi Investments Ltd"? I did a little digging and the words "front" and "shell" spring to mind. As to the DR thing, you think Dre got a phd? (although he deserves one) I heard AMS-NEVE have taken on the guy who did all the Chinese production line for Behringer. Interestingly Hungary becomes an EU country on the 1st Jan 2007 which could be a nice little import tax solution. Since the Misner take over pretty much nothing product wise had appeared. Methinks Misner and Crabtree didn't hit it off that well.

5th January 2007	#9
PhilE Lives for gear Join Date: Jun 2005 Location: UK Posts: 1,258	Lets face it nobody likes the AMS Neve stuff apart from the reissues of the Neve gear. 88R is supposed to be getting back in the right direction. I wish they would concentrate on making the AMS outboard again instead- but am I right in thinking they dont have the rights?