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Apple said to be buying out Italy's Redmatica [u]

05/30, 1:57pm

Digital music firm could be used to help Logic, GarageBand

(Updated with company, deal info) Apple has bought out an Italian company, Redmatica, reports say. The news was broken a local blog, which also obtained a document supporting the claim from the country's communications regulator, AGCOM. Neither Apple nor Redmatica have confirmed the deal, although Apple rarely makes any announcements about the acquisitions of smaller firms.

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