FEB. 23 I BANDLAB I ACQUISITION
BandLab Acquires Cakewalk Assets from Gibson

BandLab Technologies has acquired certain assets and the complete intellectual property of Cakewalk from Gibson Brands.

"We are very excited to be bringing Cakewalk Inc.'s products into the BandLab Technologies stable," said Meng Ru Kuok Cakewalk, CEO of BandLab Technologies. "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."

The deal includes only the transfer of Cakewalk'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, according to company representatives.

cakewalk.bandlab.com