INMUSIC ACQUIRES NATIVE INSTRUMENTS

Native Instruments, maker of production software Traktor and Kontakt, will join InMusic's growing roster of music technology companies. The acquisition follows Native Instruments' bankruptcy proceedings in Germany earlier this year, when CEO Nick Williams began seeking a buyer. InMusic's portfolio now spans hardware manufacturers and software developers, including Moog Music synthesizers, Akai Professional controllers, and Numark DJ equipment. Native Instruments' products serve producers, DJs, and musicians globally. Williams described the acquisition as a "fresh start" for the company in an announcement post. Financial terms were not disclosed. The deal represents a significant consolidation in the music technology space, where InMusic has steadily expanded its presence through acquisitions.