Apple to acquire Italian music editing startup

Apple Purchases Redmatica

Apple has reportedly purchased Redmatica, an Italian startup that specializes in digital music editing apps, according to Fanpage. The Italian blog cites a weekly bulletin from Italy’s antitrust regulatory agency, AGCM, who has approved the purchase. Redmatica is the creator of four Mac-specific music editing applications, including Keymap Pro, AutoSampler, ProManager, and GBSampler Manager. The company’s revenue last year was less than €100,000, with an income of €26,000, meaning an Apple buyout would not be costly. The Cupertino-based company is likely interested in an “acqui-hire” and looking to integrate Redmatica’s employees into Apple’s own Logic Pro and Garageband teams.

[Via TechCrunch]

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