New Zealand Listener

A fresh start

Last month, another highflying tech company you probably haven’t heard of was sold to offshore buyers.

Over a 25-year period, Aucklandbased Serato became one of the world’s leading makers of audio software for DJs, engineers and musicians. It was bought by Yokohama-based audio specialist AlphaTheta in a deal likely to have been worth north of $100 million, as it required Overseas Investment Office approval.

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