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iZotope and Native Instruments unite to form new music tech group
11th March 2021
iZotope and Native Instruments have teamed up to form a new music technology group.
The new alliance, backed by Francisco Partners and EMH Partners, is designed to ‘shape the future of music making and audio production’.
iZotope and Native Instruments will continue to operate independently with no structural changes to either company. Mark Ethier, co-founder and CEO of iZotope, and Constantin Koehncke, CEO of Native Instruments, will work together on the future and vision of the new group as co-presidents.
In a joint statement, the companies said that the point of the alliance is “to better support the creative community through close collaboration, the sharing of knowledge and technology and the enhancement of product offerings. As a collective force, this duo will generate a more cohesive audio ecosystem, to help creators no matter where they are in their journey”.
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Francisco Partners to invest significantly in Native Instruments, the Berlin-based global leader in digital music creation software and hardware, acquiring a majority shareholding from EMH Partners and the Founding Shareholders, with both remaining significant minority shareholders
This investment is meant to continue Native Instruments strong thought leadership in digital music creation and expand the company s product offering to create the end-to-end user centric platform for the music creation industry
With the support and investment from Francisco Partners, EMH Partners and the Founding Shareholders, Native Instruments is equipped with significant resources to further consolidate the fragmented music creation software industry and create a more seamless user experience for music makers