AlphaTheta Corporation
Case number(s)
Decision date

Consent granted
Section 13(1)(c) Overseas Investment Act 2005

Decision maker Toitū Te Whenua Land Information New Zealand
Decision date 7 September 2023
Pathway(s) Significant business assets
Investment Acquisition of up to 100% of the shares in Serato Audio Research Limited
Consideration Between $100,000,000 and $120,000,000. And subject to customary adjustments and further potential earn out payments

AlphaTheta Corporation
Japan (81%) 
United States of America (8%)
United Kingdom (6%)
Various (5%)

Vendor Existing Shareholders of Serato Audio Research Limited
New Zealand (100%)

The Applicant specialises in DJ, audio, and music production equipment and software. The Applicant is ultimately majority owned by Noritsu Koki Co Ltd, a Japanese company with subsidiaries that specialise in audio equipment, high end stationary, and medical data analysis and research.

The Applicant has been granted consent to acquire Serato, an Auckland based company that produces DJ and music production software, and various audio accessories. 

Consent was granted as the Applicant has met the investor test criterion. The consent is conditional upon clearance (or confirmation if it is not required) from the New Zealand Commerce Commission.

More information

John Conlan
PwC Tower 15 Customs Street West
Auckland 1010