US vs Japan in tussle for NZ's Serato

Blame it on the Rane. (Image: Getty)

Thu, 11 Jan 2024

Assurances about monopoly power from the Japanese buyer of Auckland-based DJ software company Serato should not be taken at their word, says Serato's American customer, InMusic, in a submission to the New Zealand competition regulator, the Commerce Commission.Nor should Serato believed when it says it's being bought by Yokohama-based AlphaTheta (ATC) when the NZ software firm is "in decline".ATC proposes to pay US$65 million ($104.1m) for Serato, subject to competition and overseas investor approvals in NZ.In a separate respon...

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