NAMM: Roland Acquires Majority of Cakewalk, Promises Joint Products in 2008

NAMM: Roland Acquires Majority of Cakewalk, Promises Joint Products in 2008: “Music software maker Cakewalk is now ‘Cakewalk by Roland’ after Roland acquired a majority stake in the company. While the new logo raised a few eyebrows around the show floor, especially after full acquisitions of Steinberg and Emagic by Yamaha and Apple, respectively, this deal is more of a smaller evolution than a big change. Cakewalk’s history has been intertwined with Roland’s since the early days of its first sequencer — founder and CEO Greg Hendershott talked with us over the summer about those early days and noted early versions relied on and were even engineered specifically around Roland’s MPU-401 MIDI interface. Formal business collaborations began as early as 1995, with a specific commitment in 2003 to work on joint products and an investment by Roland.

The message from Cakewalk: it’s not a buyout, but you should be able to expect some joint hardware/software products in 2008. (What form that’ll take, they’re not saying yet.)”

(Via Create Digital Music.)

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