Native Instruments, the company behind Kontakt, Maschine, and Traktor, has entered preliminary insolvency. Here’s what it means for users.
Big news from Berlin: Native Instruments, the company behind Kontakt, Maschine, and Traktor, has officially entered preliminary insolvency proceedings.
A court-appointed administrator, Prof. Dr. Torsten Martini, is now in charge of figuring out if the company can be rescued or if it will be sold off.
The move affects the wider Soundwide group, including iZotope and Brainworx, though Plugin Alliance says it’s “business as usual.”
NI’s problems have been building for a while – heavy debt, stalled buyouts, and last-minute efforts…