Focusrite

We’re delighted to announce the acquisition of UK-based Innovate Audio, the company behind the popular panLab spatial audio solutions. This follows our earlier acquisition of TiMax and builds upon Focusrite Group’s commitment to immersive sound. With the acquisition it has been agreed that panLab solutions will join the TiMaxSpatial brand, meaning TiMax can now offer the most comprehensive range of immersive sound solutions on the market, with everything from entry-level panning software through to full delay-matrix spatial processors and performer stagetracking. Innovate Audio founder, Daniel Higgott, will also join TiMax as a Senior Product Developer. Both panLab 3 and panLab Console have proved popular with sound designers the world over with over 10,000 downloads achieved and the solutions being used in iconic venues from Sydney Opera House to the National Theatre. With panLab 3 users enjoy a spatial audio mixing solution, built to work seamless with QLab that is typically up and running in 5 minutes. With panLab Console, users can achieve an object-based audio workflow, whilst utilising the console they already own. The macOS app adds spatial audio capabilities to a range of digital mixing consoles with mixer Input and Output Channels becoming objects on the panner. By extending the Focusrite Group's business into new products and markets, which complement its existing offerings within the Audio Reproduction business, the acquisition is strategically aligned with the Group's previously communicated aims of growing the core customer base, expanding into new markets, and increasing lifetime value for customers.

🌍 🌿 As we mark Earth Day, we’re proud to announce that we have achieved the prestigious Ecologi | B Corp™ ‘For Our Planet’ Gold Award and have committed to setting science-based emission reduction targets through the Science Based Targets initiative (SBTi).   In the past year, we have calculated our environmental footprint down to individual component level on products and communicated transparently about our emissions in our first Environment and Climate Report. This has established a solid baseline for how we will decarbonise moving forwards. This steadfast commitment to the environment has led to us being honoured with the Ecologi ‘For Our Planet’ Gold Award, signifying our successful reporting, target setting, decarbonisation work, and substantial funding of climate action projects.   Also, we have proudly responded to the urgent call for corporate climate action by committing to align with the 1.5°C and net-zero targets through the ‘Business Ambition for 1.5°C’ campaign. We have committed to set near-term and net-zero company-wide emission reductions in line with climate science with the SBTi, with work underway to develop near-term and net-zero targets to be submitted for validation within 24 months.   “Aligning the Focusrite Group with this effort has been a key part of our environmental strategy,” says Andrew Land, Global Head of Sustainability at Focusrite Group. “We started by looking at our internal operations, then our products, and now how we fit within our industry and beyond.”   “By committing to setting science-based targets for decarbonisation we are following the latest climate science and plan to publish our ambitious targets in full. These will include annual reduction goals, ultimately forecast towards achieving net-zero emissions as early as possible.    However, any actions we take on our own will not prevent global temperature rises, so we call on other companies to take the same action by committing to science-based 1.5°C and net-zero targets.”   📣 We encourage other businesses to commit to science-based targets, joining us in this critical endeavour for a sustainable future. 📣   #EarthDay2024 #Sustainability #ClimateAction #FocusriteGroup #ProAudio #MusicalInstrumentIndustry