Schoenherr, working with the UK's Marriott Harrison, has advised the professional audio mixing console manufacturer Audiotonix Group on its acquisition of Austrian start-up Sonible. Held Berdnik Astner & Partner and RafterMarsh reportedly advised the sellers.
The Audiotonix Group is a British multinational company established in 2014. Its products are used extensively in live sound, broadcast, theatre productions, installations, houses of worship, film, music creation, and recording studios.
Located in Graz, Austria, Sonible GmbH is a tech start-up that "develops AI-assisted audio plug-ins, designs and implements 3D audio systems, and builds audio hardware, transforming technological possibilities into tools for audio production," Schoenherr reported.
According to MH, "through this acquisition, Audiotonix will enable Sonible to expand its current market solutions and will look to harness its technology across its other Audiotonix brands," which include Allen & Heath, DiGiCo, DiGiGrid, Group One Limited, Harrison, KLANG: technologies, Slate Digital, and Solid State Logic.
"Along with investing in Sonible’s growth and helping the team expand its current market solutions, we will also look to harness its technology across our other Audiotonix brands," Audiotonix CEO James Gordon commented. "The potential to utilize Sonible’s intelligence in our other brands will be a ground-breaking proposition for all our customers."
The Schoenherr team was led by Partner Thomas Kulnigg and included Partners Christoph Haid, Marco Thorbauer, and Clemens Rainer, Counsels Veronika Wolfbauer and Teresa Waidmann, Attorneys at Law Niklas Kerschbaumer, Clemens Grassinger, Tobias Hayden, Alexander Pabst, and Nina Zafoschnig, and Associates Maximilian Czernin, Theresa Saufnauer, Dominik Tyrybon, Valentin Demschik, Sarah Felderer, and Yvonne Kraudinger.