Founded in 1992, Novation began as a small company focused on developing MIDI controllers and synthesizers. Over the years, it has gained a reputation for pioneering products like the Launchpad and Launchkey series, which have become staples in the music production community. In 2004, Novation was acquired by Focusrite Audio Engineering, allowing it to expand its product range and market reach while maintaining its distinct identity in the music technology industry.