From Image Line Software:
FL Studio is a music production system. All you need in one package to compose, arrange, record, edit, mix, and master professional quality music. Features includes audio editing and manipulation, interface and plug-in parameters automation, use in other DAWs, live performance, mix and remix audio, multi-track recording, record and play MIDI input, sequencing and arranging, synth and effect plug-in hosting. Other features include multi-touch support, play-list, linking includes MIDI input port, play-list and piano roll, right click data entry, plug-in picker, mixer, and play truncated notes in clips restores notes overlapping slice points in pattern clips.