Competition conundrum in $100m+ sale of NZ DJ software firm Serato

InMusic's Morgan Donoghue, left, and Jack O'Donnell. (Image: InMusic)

Fri, 25 Aug 2023

New Zealand is turning into ground zero of what could be a multinational competition fight over whether the gold-plated sale of local DJ software maker Serato for US$70 million (NZ$118.1m) plus earnouts is effectively monopoly building.The media-shy chief executive of US audio equipment maker InMusic, Jack O’Donnell, has raised his head above the parapet in raising fears about the deal, which he fears will severely damage his DJ business. That’s because Serato’s suitor is AlphaTheta, the market leader in DJ hard...

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