Line 6 Acquired By Yamaha

Calabasas-based audio product manufacturer Line 6, a developer of guitar processing products, professional audio equipment, computer audio accessories, and more, has been acquired by Yamaha, the companies said Friday. Financial terms of the buy were not disclosed. According to the companies, the deal will expand Yamaha's portfolio of modeling guitar processing products and pro audio equipment. Line6 sits at the intersection between the music equipment industry and the technology industry; the company was venture backed by Sutter Hill Ventures, and its investors included Peter Gotcher (Topspin Media, Dolby).