Fender Musical Instruments acquires Presonus Audio Electronics
The renowned guitar manufacturer enters the computer music market
Fender Musical Instruments Corporation (FMIC), one of the most world’s leading musical instrument manufacturers, announced it has signed a definitive agreement of merger with PreSonus Audio Electronics, leading designer and manufacturer of recording and live-sound hardware and software solutions.
“We are thrilled to welcome everyone on the PreSonus team to the FMIC family and excited about the future growth opportunities available to both companies,” said Andy Mooney, CEO Fender Musical Instruments Corp. “Our teams share the same passion for music, the same commitment to innovation and the same desire to inspire and equip current and future generations of artists”
“After more than 25 years PreSonus feels it has found the right partner to support us as we continue our growth,” said Jim Odom, Founder/CSO PreSonus. “We look forward to showing our current and future music community what this opportunity means for them.” “PreSonus and Fender’s combined vision, the way we see the future of music creation, and the fundamental alignment of goals has made this an exciting idea since the first conversation.“