When Tascam announced last year that it was ceasing development of its GigaStudio sampling software, it seemed that one of music technology's best-loved applications could be heading into oblivion.
However, it's just been announced that Garritan, a company that specialises in orchestral sample libraries, has now purchased the "technology assets relating to GigaStudio, GigaSampler, GVI, Gigapulse and all Giga products".
Garritan has used the Giga technology in its products in the past, and will now decide how best to take it forward.
"We're very excited about this opportunity and proud to own some of the very best sampling technologies on the planet," said company boss Gary Garritan.
"Acquiring the Giga technology helps us achieve our vision of providing the best tools to make great music available to all musicians."
For more details on the acquisition, check out the FAQ page on the new Garritan Giga website.