Numark Completes Purchase of Alesis

Jack O’Donnell, president and owner of Numark Industries, has announced that he has received final court approval to acquire all assets of Alesis Studio Electronics and its affiliates. Alesis, the well-known manufacturer of ground-breaking products such as the ADAT, had been in the process of reorganization over the past several months, and had begun talking with outside interested parties this spring. While the two companies will function as separate business units, O’Donnell and a newly-appointed transition team headed by Paul Antrop, CEO of Numark, will begin immediately looking for areas where the two companies can benefit from each other’s strengths. O’Donnell commented: "I recognized a few years ago that in order to stay in front of this fast-paced market, Numark needed to bolster its engineering and product development efforts. While we’ve seen the fruits of these efforts in recent years with the introduction of numerous new products with break-through technology, I’m looking forward to the kinds of products and technologies we’ll be able to provide the market with Alesis’ stellar engineering team."

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