WAVES LTD., the leading supplier of DSP software for the for the professional audio and multimedia markets, has announced that the Yamaha Corporation has made equity investment in the company.
According the Gilad Keren, Waves' CEO, Yamaha is the first major corporate investor in Waves. In April of this year, Waves announced that it had concluded an agreement with the Professional Audio Systems Division of Yamaha to co-develop a special DSP effects card using digital signal processing (DSP) for future releases of Yamaha mixer products.
"We are pleased to expand our relationship with a world-class company such as Yamaha," stated Keren. "We look forward to future opportunities to work with the company."
Masatada Wachi, Managing Director at Yamaha added, "We have recognized Waves as one of the premier innovators in audio processing technology. Waves' range of advanced psychoacoustic Audio Technology Intellectual Property (IP) technologies should prove to be of value to Yamaha. We look forward to working closely with them."