Native Instruments Announces Shareholder Reorganization

US Company is now entirely self-owned      02/06/11

Native Instruments Announces Shareholder Reorganization


Buying Choices
Affilliate Links help support the site
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:

Native Instruments Social

More From: NATIVE INSTRUMENTS
Even more news...


 

Want Our Newsletter?



More...

And more


New developments for Waldorf's M 

Waldorf's hybrid synth has quite the development story


Sega sound for now


Is the Korg Drumlogue worth it in 2024? 

Developments for Korg's instrument have been slow but promising.


Computer Music Chronicles: The Amiga as a Guitar Pedal 

Older Music Machines & the People Who Still Use Them


Computer Music Chronicles, The 80's: Acorn Music 500 Synthesizer 

Older Music Machines & the People Who Still Use Them


Hey there, we use Cookies to customize your experience on Sonicstate.com