Fairlight Announces Divestment of its Professional Audio Technology

Fairlight.AU, the Australian technology development company best known for its professional audio products that are used by major broadcasters and producers around the world, has today announced that it is actively seeking a buyer for its professional audio technology.

"Over its long history, Fairlight has continually developed highly innovative professional audio technologies that are used by a large number of major content producers around the world," says Philip Belcher, CEO. "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 organizations that wish to leverage its professional audio technologies to augment their offerings and enhance their competitive positions in this rapidly evolving market. It is anticipated that with the level of interest for the technologies that offer the potential of a key strategic advantage as part of a larger portfolio, it should not be long before a transaction is complete.

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

Fairlight has been designing, engineering, and manufacturing professional digital audio technology for 40 years. The company's products offer full compatibility with virtually all open audio, video, and sync standards, making them ideally suited to a wide range of audio post and live broadcast applications.

Inquiries to Philip Belcher, Fairlight, mobile: +61 419 317 416, email: philip.belcher@fairlight.com.au