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Divestment decision over audio

The Australian technology development company has announced that it is actively seeking a buyer for its professional audio technology.

Philip Belcher, CEO, Fairlight, said: “Over its history, Fairlight has continually developed highly innovative professional audio technologies that are used by a large number of major content producers around the world.

With a range of innovative new AES67-compliant audio distribution products approaching release, it has been decided that the potential for Fairlight’s professional audio technologies is much larger than can be achieved under the current ownership.”

Fairlight is seeking to enter into discussions with organisations that wish to leverage its professional audio technologies to augment their offerings and enhance their competitive positions.

The company said it will now focus its efforts on its patented picture key work surface technology, which it licences to manufacturers of highly user-interactive tactile equipment.