PreSonus Audio Electronics Inc. of Baton Rouge has acquired the assets of Notion Music Inc., a Greensboro, N.C., developer of music-notation software.
Notion’s products include software for music composition and guitar-tab editing. Terms of the deal were not disclosed.
Jim Mack, chief executive officer of PreSonus, said purchasing Notion made sense. PreSonus has started to put an emphasis on the music education market. PreSonus designs and makes audio-recording and live-sound software, hardware and related accessories.
“We approached them earlier in the year about doing a bundling of products,” Mack said. But as talks progressed, it started to make more sense for PreSonus to buy out Notion.
Notion has 12 employees. Most are based in North Carolina, but two are in the United Kingdom. The plan is to move the majority of the employees to Baton Rouge, Mack said.
This is the second recent acquisition for PreSonus. Last year, the company bought Nimbit, a Boston-based company that operates a website that allows artists to put music up for sale online and develop relationships with fans.
PreSonus, which is located in Bon Carré Business Center on Florida Boulevard, is currently nearing completion of an $8 million headquarters building on Highland Road near Interstate 10. The new offices should open by early December, Mack said.
Advocate business writers Timothy Boone and Ted Griggs contributed to this report.