BandLab Technologies today announced the acquisition of assets and intellectual property of Cakewalk Inc. from Gibson Brands.
Bandlab Technologies is a Singapore-based collective of global music brand, including the BandLab online music platform; Rolling Stone magazine; and Asian online music gear retailer Swee Lee.
“We are very excited to be bringing Cakewalk Inc’s products into the BandLab Technologies stable,” says Meng Ru Kuok, CEO of BandLab Technologies. “The teams at both Gibson and BandLab felt that Cakewalk’s products deserved a new home, where development could continue.”
The deal includes only the transfer of Cakewalk Inc.’s assets and intellectual property. Plans for the future of the Cakewalk brand or products are to be announced. See the Bandlab site for more info.