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Tuesday, March 3, 2020
Pioneer DJ Acquired by Japanese Manufacturer Noritsu
Pioneer DJ. (Photo Credit: Matthias Carpentier for Poz Music)
Pioneer DJ‘s parent company KKR has recently sold ownership to Japanese manufacturing company Noritsu, according to a press release.
Private equity firm KKR purchased Pioneer DJ in 2014. Last year, KKR combined Pioneer DJ and Pioneer Pro Audio into one company under the name AlphaTheta, which has now been acquired by Noritsu, a photo processing equipment manufacturer.
The press release states:
Our business, operations, brands, including brand names will not be affected.
We will continue contributing to the music industry with our innovative products and superior service through Pioneer DJ, rekordbox, KUVO, TORAIZ, Pioneer Professional Audio brands.
Stay tuned for more information about upcoming Pioneer DJ hardware and software.
H/T: DJ Tech Tools
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