Native Instruments is in preliminary insolvency: Difference between revisions
Native Instruments going bankrupt |
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|Type=Abandonware, Preliminary Insolvency | |Type=Abandonware, Preliminary Insolvency | ||
|Description=Native Instruments is in preliminary insolvency, and a court‑appointed administrator will handle its restructuring and may sell the company's assets | |Description=Native Instruments is in preliminary insolvency, and a court‑appointed administrator will handle its restructuring and may sell the company's assets | ||
}} | }}Native Instruments is in preliminary insolvency proceedings, a preliminary insolvency administrator has been appointed, who will take responsibility for restructuring the company and any sale of existing assets. | ||
==Background== | ==Background== | ||
So it all started in April 2022, when Native instruments briefly became a subsidiary brand of Soundwide, a parent company created with the backing of Francisco Partners and EMH Partners | |||
From there it all went downhill, bad updates, poor performance, ads everywhere, basically doing everything to please their investors | |||
Worse, they kept buying companies, seemed like they were thriving to the outsider, big shark eating "small" companies | |||
But it doesn't really seem like it from all of these recent events | |||
== | ==Acquisition== | ||
Native Instruments has acquired two significant brands iZotope and Plugin Alliance | |||
The brands were initially merged under an umbrella brand named Soundwide, before all being brought under the Native Instruments brand name | |||
All of that it seems led to big fines, which made the company go bankrupt and sell all of their products | |||
That's what happens when you get owned by a private equity | |||
==Lawsuit== | ==Lawsuit== | ||
I'm hoping there would be one | |||
==Consumer response== | ==Consumer response== | ||
A LOT of backlash | |||
==References== | ==References== | ||
# https://musictech.com/news/industry/native-instruments-preliminary-insolvency/ | |||
# https://www.musicradar.com/music-tech/native-instruments-has-been-placed-in-preliminary-insolvency | |||
# https://audionewsroom.net/2026/01/native-instruments-insolvency-what-does-it-mean-and-what-happens-now.html | |||
# https://www.engadget.com/audio/native-instruments-enters-into-insolvency-proceedings-leaving-its-future-uncertain-183206826.html | |||