Native Instruments this morning issued a statement that its restructuring is moving along, including advancing insolvency proceedings and “an active M&A [mergers and acquisitions] process that is progressing well.” Translation for humans: there’s a good chance we’ll see NI acquired soon, and by some company or companies in the audio tech space.
Read moreNative Instruments has posted an official statement from CEO Nick Williams, reassuring customers and partners that support for NI products will continue through the restructuring.
According to insolvency documents, Berlin-based Native Instruments GmbH (also parent to iZotope, Plugin Alliance, and Brainworx) is in preliminary insolvency proceedings. This is significant news for one of the biggest brands in music-making technology.