Apple Acquiring Italian Digital Audio Editing Software Firm Redmatica
By on May 30th, 2012

It seems that Apple has been acquiring a lot more companies lately. Last year, they acquired Anobit, an Israel-based flash memory company for $400 million. Earlier this year, Apple acquired Chomp, an app search engine.  Now, TechCrunch points to an article [Google translation] from Italian blog Fanpage reporting that Apple has shown interest in purchasing Redmatica. Redmatica is a small Italian software company responsible for audio editing apps such as Keymap Pro and AutoSampler.

In addition, evidence of the acquisition has appeared in the weekly bulletin of AGCM, Italy’s antitrust regulatory agency. The announcement, which is in Italian, can be found on page 37 of the bulletin (PDF) published on May 28.

Under the provisions of the contract “Asset Purchase Agreement Relating to the business as an ongoing concern of Redmatica S.r.l.” (hereinafter the Agreement) with the present operation, Apple inte

AGCM said that the proposed acquisition would not be anticompetitive due to the  small sizes of the entities in that specific market and an abundance of competitors. Also, the agency does not object to the acquisition by Apple.

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Author: Parth Dhebar
Parth Dhebar is a 18 year-old entrepreneur. He is the founder of Simple Reviews, a blog focused on reviewing iPhone and iPad applications. Parth is a recognized name in the industry, known for covering Apple news. He is an editor at Techie-Buzz covering news on Apple. You can follow him on Twitter @pdparticle.

Parth Dhebar has written and can be contacted at parth@techie-buzz.com.
 
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