Native Instruments enters insolvency proceedings
Summary
Engadget reports that Native Instruments has entered preliminary insolvency proceedings with an administrator appointed to oversee restructuring and potential asset sales. The news could affect NI software such as Massive, Traktor, and Kontakt, as well as hardware like Maschine+. Plugin Alliance says it remains unaffected, while the parent owner Francisco Partners adds uncertainty about the future. The outcome is unclear, with scenarios ranging from a sale of assets to a wind-down; potential bidders like Akai are discussed in industry chatter.