Serato takes the power back in ComCom pitch

It's almost the final countdown on the Serato deal. (Image: DepositPhotos)

Tue, 28 Nov 2023

DJ software maker Serato says it’s not a must-have input, and it can’t lock out hardware makers who claim otherwise in their effort to block AlphaTheta's proposed US$65 million (NZ$107.2m) acquisition of the New Zealand firm.In a submission to the Commerce Commission on AlphaTheta’s application to buy the Auckland-based software firm, Serato drew on confidential information in backing up the initial application, saying a universal standard means all DJ hardware is compatible with its software and it can’t deny access...

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