Sony Sound Forge (formerly known as Sonic Foundry Sound Forge) is a digital audio editing suite by Sony Creative Software which is aimed at the professional and semi-professional markets. A limited version sold as Sound Forge Audio Studio provides an inexpensive entry-level digital audio editor; it was formerly known as Sonic Foundry's Sound Forge LE. By 2003, Sonic Foundry, the parent company of Sound Forge faced losses and tough competition from much larger companies and as a result, agreed to sell its desktop audio and music production product family to Sony Pictures Digital for $18 million.