Friday, October 9, 2009

Paul Allen Sells Submersible Music

Microsoft co-founder Paul Allen has sold Submersible Music, a developer of electronic music software DrumCore, KitCore, and related content, according to Silicon Valley's Sonoma Wire Works. Financial terms of the acquisition were not disclosed. Submersible was started by Paul Allen to help him in his own songwriting, the firm said. DrumCore and KitCore provides audio loops and MIDI files of famous drummers and percussionists, and is used to back guitarists and others.