MakeMusic, Inc. (NASDAQ: MMUS) today announced that it has completed the
acquisition of selected assets of
LLC, the Internet music publishing and software company. Under the terms
of the agreement, MakeMusic purchased the MusicXML™ open format and Dolet
software technology, including copyrights, source code and trademarks.
Following today's acquisition closing, Recordare founder and MusicXML
inventor Michael Good will assume the role of director of digital sheet
music at MakeMusic.
“This transaction strengthens MakeMusic’s position as a global leader of
music innovation,” said Karen van Lith, MakeMusic CEO. “With support of
more than 150 music software applications, Recordare’s MusicXML format
is a key element in the future of digital music notation.”
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About MakeMusic, Inc.
, Inc. is a world
leader in music technology whose mission is to develop and market
solutions that transform how music is composed, taught, learned and
performed. For more than 20 years,
has been the industry standard in music notation software, enabling
composers, arrangers, musicians, teachers, students and publishers to
create, edit, audition, print and publish musical scores. MakeMusic is
also the creator of
interactive software that is transforming the way students practice.
With SmartMusic, students and teachers have access to thousands of band,
orchestra and vocal pieces allowing students to practice with background
accompaniment and get immediate feedback on their performance.
SmartMusic allows teachers to individualize instruction and document the
progress of every student. The
™, an Android™ and Apple
provides additional access for teachers to review, grade, and comment on
is an Internet-friendly way to publish musical scores, enabling
musicians to distribute interactive sheet music online and to use sheet
music files with a wide variety of musical applications. Additional
information about this Minnesota company can be found at
Certain statements found in this
release may constitute forward-looking statements as defined in the U.S.
Private Securities Litigation Reform Act of 1995. Forward-looking
statements reflect the speaker’s current views with respect to future
events and include any statement that does not directly relate to a
current or historical fact. Our forward-looking statements in this
release relate to our position as a leader of music innovation and the
MusicXML format being a key element of digital music notation. Examples
of risks and uncertainties for MakeMusic include, but are not limited
to, those factors described from time to time in our reports to the
Securities and Exchange Commission (including our Annual Report on Form
10-K). Investors should not consider any list of such factors to be an
exhaustive statement of all of the risks, uncertainties or potentially
inaccurate assumptions investors should take into account when making
investment decisions. Shareholders and other readers should not place
undue reliance on “forward-looking statements,” as such statements speak
only as of the date of this release. We do not intend to update publicly
or revise any forward-looking statements.