Singapore, Friday, 23 February 2018 — BandLab Technologies today announced the acquisition of certain assets and the complete intellectual property of Cakewalk Inc. from Gibson Brands, which acquired Cakewalk in 2013. In November 2017, Gibson ceased active development and production of Cakewalk branded companies.
CEO of BandLab Technologies, Meng Ru Kuok said, “We are very excited to be bringing Cakewalk Inc’s products into the BandLab Technologies stable. Cakewalk has been an industry leader in professional music software, delivering cutting edge technology that has empowered producers and artists alike around the world for more than 30 years. We have immense respect for Cakewalk’s legacy and the incredible community of people who love the brand and rely on its products in both their personal and professional lives.
“The teams at both Gibson and BandLab felt that Cakewalk’s products deserved a new home where development could continue. We are pleased to be supporting Cakewalk’s passionate community of creators to ensure they have access to the best possible features and music products under the BandLab Technologies banner,” he said.
The deal includes only the transfer of Cakewalk Inc.’s assets and intellectual property. No other details of the deal have been released. More information will be shared about product roadmap and future features in due course.
About BandLab Technologies
BandLab Technologies is a collective of global music brands with a vision to connect the world of music.
Together, our brands share a passion. We’re driven by integrating the physical, digital and social supply chain, to enable better experiences, opportunities, and connections for all music lovers.
BandLab, the group’s flagship digital product, is a social music platform that enables creators to make music and share the creative process with other musicians and fans. Other notable brands within the portfolio include Rolling Stone, the world’s leading voice in pop culture and music since 1967, MONO, an award-winning music lifestyle product company, and Swee Lee, Asia's leading online retailer and distributor of musical instruments and pro-audio brands.
Established in 2016, BandLab Technologies is headquartered in Singapore.
About Cakewalk Inc.
Cakewalk is the leading developer of powerful and thoughtfully designed products for the modern musician. These products include award-winning digital audio workstations and innovative virtual instruments. Millions of musicians worldwide—including Grammy and Emmy-winning producers, composers, sound designers, and engineers—use Cakewalk products daily to produce audio for the professional music, film, broadcast, and video game industries.