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Sonicblue sells ReplayTV, Rio to Denon parent

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On April 17, 2003, 2:07 PM EST

Bankrupt consumer electronics maker Sonicblue Inc. on Wednesday sold its ReplayTV service and Rio portable music systems to Japan's D&M Holding, effectively ending its run as a digital audio pioneer and its threat to major media companies.

Japan's D&M Holdings Inc., parent of high-end audio equipment makers Denon Ltd. and Marantz Japan Inc., won a bankruptcy court auction to acquire Sonicblue's ReplayTV television recording service and Rio portable audio unit for about $36.2 million.

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