Apple Acquiring Redmatica
According to a report in TechCrunch, an Italian blog Fanpage has noted that Apple has signaled its intent to purchase Redmatica, a small Italian software firm responsible for audio editing apps such as Keymap Pro and AutoSampler.
Evidence of the acquisition has appeared in the weekly bulletin of Autorità Garante della Concorrenza e del Mercato (AGCM), Italy’s antitrust regulatory agency. The announcement is in Italian. It begins on Page 37 of the bulletin (PDF) published on 28 May 2012.
The most relevant portion translates into English as follows:
Under the provisions of the contract “Asset Purchase Agreement Relating to the business as an ongoing concern of Redmatica S.r.l.” (hereinafter the Agreement) with the present operation, Apple intends to acquire, through a transfer of assets, the business Redmatica.
AGCM determined that the proposed acquisition would not be anti-competitive in nature, given the relatively small sizes of the entities in that specific market and an abundance of competitors. Thus, AGCM does not object to the acquisition by Apple.
Source: Mac Rumors
Image Source – Redmatica Website