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 moreArriving with this weekend’s giveaways are some big freebies from Universal Audio and Native Instruments (now parent of iZotope). If you act fast, that includes iZotope’s Tonal Balance Control for free, through the US holiday weekend ending late Monday. Let’s break down the offers and tools.
Soundwide on Wednesday laid off approximately 8% of their employees, across their stable of brands. That means at least one major music technology company follows layoffs in tech and media starting this year.