iZotope and Native Instruments have announced that they have teamed up to form a new technology group, backed by Francisco Partners and EMH Partners.
With strong identities of their own, Native Instruments and iZotope will each continue to operate independently. But iZotope CEO Mark Ethier and NI CEO Constantin Koehncke will develop a shared strategy as co-presidents of the group.
Here’s what they have to say about the partnership:
“There have been many times in our history where we’ve wondered what it would be like to partner more closely. Past collaborations, like when iZotope introduced NKS (Native Kontrol Standard) to Ozone 9, gave us a glimmer of the potential.
We share a depth of experience in the industry, with NI’s journey beginning in 1996 and iZotope’s in 2001. We both have unique and complementary strengths – from iZotope’s intelligent audio processing to NI’s innovative instruments, effects, and integrated hardware.
Through our partnership, there are infinite possibilities for close collaboration, sharing of knowledge and technology, and enhancement of our product offerings.”