Apple takes over Italian software start-up Redmatica
Apple Inc. has acquired a small Italian start-up that specializes in digital music editing, according to an Italian blog.
The Cupertino, Calif., tech company purchased Redmatica, a small start-up whose most notable software is Keymap Pro, according to Fanpage. In all, the company has four software products.
Apple has not officially confirmed the Redmatica takeover, but Fanpage includes a document from an Italian communications regulator that appears to back up the report.
However, Redmatica has low revenue streams, so Apple may have bought the company more for its talents than its products, according to TechCrunch, which was the first English-language site to report the news.
Apple may be trying to add to its arsenal of staffers working on its own Logic Pro and GarageBand music editing software.
RELATED:
Apple iTV: iPhone-maker feeds the high-definition hype
Apple CEO Tim Cook: ‘We have some incredible things coming out’
Apple to preview new TV operating system at conference, report says
Follow Salvador Rodriguez on Facebook, Twitter or Google+
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.