Native Instruments Announces Shareholder Reorganization
Native Instruments has just completed a share reorganization that makes the company self-owned.
According to the company, the reorganization was facilitated by CEO and founding shareholder Daniel Haver, and comprises both a general shareholder consolidation and the reacquisition of about 30% of the company's shares from a long-standing venture capital investor.
Implemented in the month of Native Instruments' 15th anniversary, the consolidation effects complete ownership of the company by its original founders and its executive management team, and makes it independent from external investors, the company says.
In Haver's words: "As a completely self-owned enterprise, we will now be able to pursue our vision for the most forward-thinking music production and DJ technology in an even more energetic and uncompromising fashion."
Viewers of this article also read...
- 9 Soundware Drum Tree ES2 and EXS24 9 Soundware Releases Drum Tree Presets for ES2 and EXS24 instruments.
- QuikQuak MashTactic QuikQuak has announced MashTactic, a mashup tool for Windows and Mac.
- A.O.M. Factory Updates Plugins A.O.M. Factory has released version 1.3.1 of its Invisible Limiter, Stereo Imager D, and Wave Shredder effect plug-ins.