inMusic Acquires Rane as Founders Retire
Rane, the company known in the DJ world for designing and manufacturing high-end mixers and DVS interfaces, has been sold to inMusic, the American company that owns DJ equipment manufacturers Numark, Alto Professional and Denon DJ among many other music-related brands.
Rane co-founders Linda Arink and Dennis Bohn have agreed to sell Rane Corporation to inMusic LLC. The transaction is set to be completed this summer and after the sale Ms Arink and Mr Bohn both plan to step down and retire. Rane Corporation was founded in 1981 in Washington State, USA; since then it has built a global reputation for its professional audio and DJ products, which are manufactured in the US.
According to a press release sent out by RANE yesterday, Ms Arink feels that with the company’s added resources, engineering talent, and additional IP, InMusic is an ideal buyer for Rane Corporation and will help it grow now and in the future. “Rane will continue some operations out of the Mukilteo, Washington headquarters,” says Ms Arink.”
inMusic have yet to issue a statement about the acquisition and what it will mean for the future of the Rane brand and the company’s staff.