The MPC Fly by Akai has been described as a compact music production center and features a double hinge which docks the iPad, allowing it to sit upright, lie flat or even be closed up as a clamshell for traveling. It features 16 MPC pads and will come with support for the MPC app. The app itself features a four-track mixer and comes preloaded with samples and drums and will support the recording of external sounds and sequences.
The app will feature your standard range of effects, such as delay and compression. It even allows for sharing on Facebook, Twitter and SoundCloud. Users will also be able to export the tracks onto their PC or Mac for further editing. Unfortunately no word on pricing or availability just yet.