This is some not great news. I’ve been using NI (as well as izotope & plugin alliance) stuff for a very long time, and have hardware from them too. I imagine there are a lot of small sound design studios selling kontakt instruments who are a bit scared for the future now.
I really hope they’re able to find a good solution for creators with the administrators.
Edit:
MusicRadar article: https://www.musicradar.com/music-tech/native-instruments-has-been-placed-in-preliminary-insolvency
That would be great, but also not something I see happening off the back of this, an administrator needs to get debts paid, and that’s only going to happen by selling the company or splitting it up and selling the parts.
Conglomerates like InMusic are probably salivating