Berlin-based music tech company Native Instruments has been acquired by inMusic after entering insolvency proceedings earlier this year.
It follows a period of uncertainty for the music company, who revealed in January that they would have to sell off “various assets” in order to “secure a healthy, financially sustainable future.”
After entering full insolvency proceedings in March, Native Instruments’ CEO Nick Williams confirmed that business would continue across Soundwide, the merger company forged in 2021 between Native Instruments, iZotope, Plugin Alliance and Brainworx.
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Now, Williams has shared a new statement revealing that a “definitive agreement…