Looks like Line6 gave up not Yamaha.
Yamaha gave up on development of modeling tech. So the bought Line6?
I like Yamaha. Nice motorcycles.
I've heard all sorts of rumors about L6 and their engineering talent leaving. I have no idea if any of it is true.
I've also heard that the founders and VCs have been trying to cash out for some time now and had been looking at everything from IPO to buyout. Again no idea if any of it is true.
Sounds like Avid all over again.This was told to my by someone who was formerly working for them as well. It was a fundamental shift from putting out good products to maximizing profits instead. More emphasis on repackaging & incrementally upgrading products instead of the innovation that was there when the company started. The original talent that got them where they are is long gone unfortunately.