Native Instruments Announces Shareholder Reorganization

Company is now entirely self-owned      02/06/11
Native Instruments Announces Shareholder Reorganization


Here's the press release that NI sent us...
Native Instruments has just completed a major share reorganization that makes the company entirely self-owned. 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.
"While this reorganization may sound like an abstract behind-the-scenes process, the implications for our users and our industry are actually quite profound", says Daniel Haver. "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."
With a revenue growth of 60% in 2009 and 70% in 2010, as well as market-leading sales figures for its current product range centered around MASCHINE, KOMPLETE and TRAKTOR, Native Instruments remains a uniquely vital and dynamic company within the musical instruments industry and the wider technology domain. More information:
More From: NATIVE INSTRUMENTS
Even more news...

2 Comments...  Post a comment    original story
Mattsynth    Said...

Congradulations, maybe now they can drop pricing on some of their higher priced products.

02-Jun-11 01:48 PM


Peter K.    Said...

Maaaybe. It'd be nice if they'd re-release B4 as a lot of people depend on it. As for pricing, it's possible to get great deals every once in a while. I love their Komplete bundles in particular. Killer products, killer deal!

14-Jun-11 11:29 PM


Post a comment 
 


More Videos

Sonic LAB Review: Happy Nerding FM AID and Super Sawtor Modules 

We take a look at two Eurorack modules


Bitwig Review - Part 1 - New DAW Software 

We take a look at the new music production system


Modulus.002 PolySynth Exclusive First Look 

12 voices, analog ladder filter and more


Interview: Herr Doepfer Talks 

We had a chat with the man behind the Eurorack explosion