WATCH: In an exclusive interview, DJ software firm’s co-founders describe the ‘chilling effect’ of competition regulator’s likely blocking of $100m sale.
WATCH: Serato co-founders AJ Bertenshaw and Stephen West speak with Hamish McNicol.
What’s at stake: A deal to sell New Zealand DJ software company Serato for more than $100 million to Japanese electronics giant AlphaTheta Corporation, as well as significant earnouts for the founders.
Background: The deal was announced last July but has faced opposition and Commerce Commission interrogation, with a final decision due June 27 after multiple delays.
Key players: Serato, AlphaTheta, Steve West, AJ Bertenshaw, Commerce Commission.
Nearly a year ago, a deal to sell New Zealand DJ software company Serato for more than $100 million to Japanese electronics giant AlphaTheta Corporation (ATC) was announced.
It was an impressive outcome for a company co-founded by Auckland University mates AJ Bertenshaw and Stephen West more than 20
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What’s at stake: A deal to sell New Zealand DJ software company Serato for more than $100 million to Japanese electronics giant AlphaTheta Corporation, as well as significant earnouts for the founders.
Background: The deal was announced last July but has faced opposition and Commerce Commission interrogation, with a final decision due June 27 after multiple delays.
Key players: Serato, AlphaTheta, Steve West, AJ Bertenshaw, Commerce Commission.
