Rio has a new owner

D&M Holdings (owners of Marantz, Denon, and McIntosh) today announced its plans to sell the Rio MP3 player brand and technology to chipmaker SigmaTel. SigmaTel provides digital audio processing chips to Rio and other MP3 player manufacturers such as Creative, GoVideo, and Samsung.

Rio owners should see no immediate effect on current products, support, and other services, and a Rio PR person said that the company is currently reevaluating future product lineups (including the heavily rumored Karma 2).