via News Release
“Minneapolis – November 2, 2011 – MakeMusic, Inc. (NASDAQ: MMUS) announced it has entered into an agreement to acquire selected assets of Recordare LLC, the Internet music publishing and software company. Closing is expected to occur during the fourth quarter.
Under the terms of the agreement, MakeMusic is purchasing the MusicXML open format and Dolet software technology, including copyrights, source code, and trademarks. MakeMusic also announced that the founder of Recordare and inventor of MusicXML, Michael Good, will be joining MakeMusic as the Director of Digital Sheet Music.”