THIS WEEK'S SPONSOR:

Kolide

The fleet visibility solution for Mac, Windows, and Linux that can help you securely scale your business


Apple To Acquire Italian Digital Music Editing Company Redmatica

As noted by Italian website Fanpage [Google Translation] and reported by TechCrunch, Apple has filed documentations with Italian authorities to acquire Italian company Redmatica. Based in Correggio, Italy, Redmatica specializes in “digital audio workstation” software – notably, the company is well known for Mac audio editing and mixing editors such as KeyMap Pro, AutoSampler, and ProManager. Based on Apple technologies such as CoreAnimation, Redmatica’s software integrates with popular desktop editors and tools such as Logic, Reason, MainStage, and even GarageBand for iPad.

The acquisition of “DAW” (Digital Audio Workstation) assets by Redmatica has been reported by Italian regulator AGCOM in an official document available here. The document notes how Redmatica’s worldwide revenue in 2011 has been under €1 million, with, surprisingly, no revenue (“fatturato”) coming from Italy. Apple, on the other hand, reported, according to the document, approximately €77,6 billion revenue worldwide in the fiscal year 2011 (2010/2011 as noted in the document), €19.9 billion in the European Union, and “over €1 billion” in Italy alone.

As for the DAW software, the AGCOM filing notes how Redmatica holds a share less than 1%, while Apple holds around 10/15% among “several and qualified competitors”. The document explains how DAW software may fall under the category of “business software”, as DAW applications allow for recording, editing, mixing, and playback of digital music, and are typically used by sound professionals, but also “prosumers” (“expert amateur users” in the document), musicians, and DJs.

The AGCOM document doesn’t say Apple has acquired Redmatica. Rather, provided a description of both companies, the nature of the acquisition, and the aforementioned numbers and stats, the filing goes on to note how Apple isn’t a big player in the area of DAW software, and thus the acquisition should be safe for competition. In the document, in fact, Italian law n. 287/90 (art. 16, comma 4) is mentioned as a possible factor that could prevent Apple from acquiring the company. Specifically, law n. 287/90 (art. 16, comma 4) notes how, in case of competitive disadvantages (explained in art. 6), authorities may begin an investigation (detailed in art. 14) for a proposed acquisition or merger (“operazione di concentrazione”).

The AGCOM document ends noting how AGCOM deliberated an investigation won’t be necessary; AGCOM’s conclusions have been forwarded to Apple, Redmatica, and the Italian Minister of Economic Development of Infrastructure and Transport. It is safe to assume that, considering AGCOM’s position, the acquisition will be given the final go-ahead by Italian authorities soon. It is obviously unclear how much Apple is willing to spend to acquire Redmatica’s assets, or how Apple plans to integrate its software in its existing suite of digital audio applications.

We have reached both Apple and Redmatica for comment, and we’ll update this story with more details when available.

Unlock More with Club MacStories

Founded in 2015, Club MacStories has delivered exclusive content every week for over six years.

In that time, members have enjoyed nearly 400 weekly and monthly newsletters packed with more of your favorite MacStories writing as well as Club-only podcasts, eBooks, discounts on apps, icons, and services. Join today, and you’ll get everything new that we publish every week, plus access to our entire archive of back issues and downloadable perks.

The Club expanded in 2021 with Club MacStories+ and Club Premier. Club MacStories+ members enjoy even more exclusive stories, a vibrant Discord community, a rotating roster of app discounts, and more. And, with Club Premier, you get everything we offer at every Club level plus an extended, ad-free version of our podcast AppStories that is delivered early each week in high-bitrate audio.

Choose the Club plan that’s right for you:

  • Club MacStories: Weekly and monthly newsletters via email and the web that are brimming with app collections, tips, automation workflows, longform writing, a Club-only podcast, periodic giveaways, and more;
  • Club MacStories+: Everything that Club MacStories offers, plus exclusive content like Federico’s Automation Academy and John’s Macintosh Desktop Experience, a powerful web app for searching and exploring over 6 years of content and creating custom RSS feeds of Club content, an active Discord community, and a rotating collection of discounts, and more;
  • Club Premier: Everything in from our other plans and AppStories+, an extended version of our flagship podcast that’s delivered early, ad-free, and in high-bitrate audio.