Ableton is One of the Fastest Growing High-Tech Companies in Germany
Ableton is One of the Fastest Growing High-Tech Companies in Germany
BERLIN, October 22, 2010/PRNewswire/ -- Ableton AG, one of the world's leading providers of music software,
announced its ranking in the Deloitte Technology Fast 50, a listing of the
fastest growing technology companies in Germany. Ranking in the listing is
based on a company's aggregate percentage revenue growth calculated over the
last five years, from 2005 to 2010. Ableton AG was able to tally a growth
rate of over 185 percent during the period.
This makes Ableton one of the fastest growing and most innovative
companies in Germany. Since its founding in 1999, Ableton has been developing
and marketing modern music software for musicians, bands, film score
composers and theatre sound systems. The company's flagship product, Ableton
Live, has made Ableton one of the leaders in the music industry and has been
distinguished with a number of coveted industry-wide awards.
"We are proud to be one of the fastest growing and most innovative
technology companies in Germany," said Jan Bohl, CFO at Ableton. "We have
managed to form a solid commercial framework with the development and
marketing of music software over the last several years and we have a
fast-growing customer base in the international music business."
About Ableton
Ableton is a corporation whose core product, Ableton Live, has become a
key platform for computer-based music creation, production and performance.
Ableton markets its products worldwide, and its rapidly growing user base
stands at approximately 1 million users as of today. In 2009, Ableton
generated revenues of EUR 13.8 million. Ninety percent of the generated
revenue was achieved abroad in fiscal year 2009. Ableton employs 114 people
in its Berlin and New York offices and plans to add 20 more employees this
year, primarily in development."
About Deloitte Germany
Deloitte is one of Germany's leading auditing and consulting companies.
Its wide range of services includes auditing, tax consultation and business
and corporate finance consulting. With 3,400 employees in 18 branch offices,
Deloitte has been managing a client list with companies and institutions of
all legal forms and sizes and from every possible industry for nearly 100
years.
Contact
Ralf Kleinermanns
T: +49(0)211/23921684
ralf.kleinermanns@ableton.com
http://www.ableton.com
Source: Ableton AG
Ralf Kleinermanns, T: +49(0)211/23921684, ralf.kleinermanns@ableton.com
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