Music technology and professional audio company inMusic has signed a definitive agreement to acquire Native Instruments, the Berlin-based music tech firm behind Kontakt, Traktor, iZotope, Plugin Alliance, and Brainworx.
The deal, announced on Friday (May 8), comes roughly three months after Native Instruments entered preliminary insolvency proceedings in Germany.
The transaction is expected to close in the coming weeks, inMusic and Native Instruments said, subject to customary closing conditions.
Founded in 1992 and headquartered in Rhode Island, inMusic is the parent of Akai Professional, Moog Music, Denon DJ, Numark, Rane, M-Audio and Alesis, among other brands.
According to the announcement, Native Instruments has a direct…