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Hot Topic DEALMAKERS
Tech & Innovation
7 mins to read

‘Stunningly disingenuous’: war of words in Serato sale continues

Main objector says ‘no-one should feel sorry’ for co-founders of DJ software firm.

InMusic’s response to the SoUI – and that NBR interview – has been published on the ComCom website.

Key points
  • 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, InMusic.

The main objector to a deal to sell New Zealand DJ software company Serato for more than $100 million to Japanese electronics giant AlphaTheta Corporation (ATC) has hit back at an interview published by the NBR last week, labelling the co-founders’ framing of the issues “stunningly

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Hamish McNicol Mon, 24 Jun 2024
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • 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, InMusic.
‘Stunningly disingenuous’: war of words in Serato sale continues
Tech & Innovation,
104617
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