Native Instruments acquired by inMusic following insolvency

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 has been signed for Native Instruments to be acquired by inMusic," a DJ equipment and audio gear company parenting brands like Akai Professional, Moog, Numark and more.

It follows "three months of hard work", Williams says, and will see the two music tech companies come together as they "look ahead to a common future."

Last year, Native Instruments and inMusic joined forces on collaborative projects across NI’s MPC Editions and NKS hardware products, which Williams says was "the beginning of this story."

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"[inMusic] understands what it means to build tools that musicians love,” Williams continues. "And they understand what Native Instruments means to our customers and community."

He confirmed that Native Instruments, iZotope, Plugin Alliance and Brainworx will all continue running as usual while the companies work toward completing the deal in the coming weeks.

"This is the fresh start we have been working toward," he added. "The loyalty you have shown us through one of the most challenging periods in Native Instruments’ history is something we will not forget."

Read the full statement from Nick Williams here.

Gemma Ross is Mixmag’s Associate Digital Editor, follow her on X