Native Instruments Is Going Bankrupt

Native Instruments is in preliminary insolvency proceedings, meaning that it must liquidate assets in order to continue operating as a business. Native Instruments (NI), a staple software and gear brand among electronic musicians, has entered into preliminary insolvency hearings with the German government. Insolvency proceedings in Germany differ from those of bankruptcy in the US…

Music tech company Native Instruments enters preliminary insolvency

Music tech company Native Instruments has entered preliminary insolvency proceedings, according to Create Digital Music (CDM). According to documents seen by CDM, Prof. Dr. Torsten Martini is listed as a preliminary insolvency administrator for the Berlin-based company and will see out the restructuring process.  CDM’s report also highlights that its current status means Native Instruments’ “various assets”…

Native Instruments has entered preliminary insolvency proceedings

Native Instruments – one of the world’s leading manufacturers of music-making software and hardware – has entered preliminary insolvency proceedings, it has been revealed. According to a report by Create Digital Music, Prof. Dr. Torsten Martini has been appointed preliminary insolvency administrator for the Berlin-based company, and will be responsible for restructuring the company and…