EXCLUSIVE: Studio Audio & Video Limited (SAVL), the digital audio pioneer founded in Cambridgeshire in 1991 and home of the SADiE digital audio workstation, was appointed into administration on 15th February. Cambridgshire-based accountancy firm Ensors has dispatched partner Steven Law and manager Rachael Davison to try to seek a rescue of the business, writes Phil Ward.
"Although we had to lay off the workforce upon my appointment, with the help of some former staff we are carrying on the business on a limited basis in order to fulfil customer orders," states Law. "In the meantime, I am interested in talking to potential purchasers with a view to them acquiring the whole or parts of the business and I would urge any interested party to contact me urgently."
SAVL managing director Joe Bull adds: "We are all deeply saddened by the situation and would like to extend our heartfelt thanks to all our customers, colleagues and friends in the industry who have contacted us to express their concerns. Our hope is that we can salvage some of the business for the benefit of our loyal customers. This has been a particularly difficult time for everyone."
PSNE has received confirmation that SAVL's German operation, SADiE GmbH, ceased trading at Christmas following the closure last year of SADiE Inc in the US. Speculation has been mounting in the industry about support and maintenance of SADiE products, while questions have also arisen over the future of the Klark Teknik DN 9696, the SADiE-based recorder optimised for use with the Midas XL8 digital live console and launched in association with SAVL at the PLASA exhibition last September (shown here with Joe Bull, left, and John Oakley, Midas and Klark Teknik managing director). However, Klark Teknik has supplied PSNE with a clear statement regarding the secure delivery of this project to market as planned.
"We are very sad for SADiE's customers and employees," says John Oakley. "We've been working closely with SADiE during our joint venture to develop the KT DN9696. This is, fortunately, complete and has been successfully beta-tested for four months with such acts as The Arctic Monkeys, Deacon Blue and Led Zeppelin. The plan was always to build the DN9696 at [the Midas/KT HQ in] Kidderminster following a short early production run at SADiE, and we now intend to move production immediately. Future support and development of the DN9696 will be from Kidderminster. We wish Joe Bull and his team all the best for the future."
Ensors is a 14-partner firm of Chartered Accountants with five offices throughout East Anglia. Interested parties are being asked to contact Steven Law or Rachael Davison at Ensors on +44 (0) 1473 220022.
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