From Wikipedia (January, 2008):
Logic Pro is a Digital Audio Workstation and MIDI sequencer software application for the Mac OS X platform. Originally created by German software developer C-Lab (then known as Emagic), Logic Pro became an Apple product when Apple bought out Emagic in 2002. Logic Pro is part of Apple's Logic Studio bundle of professional music applications.
A consumer-level version based on the same interface and audio engine but with reduced features, called Logic Express, is also available at a reduced cost. Apple's GarageBand, another application using Logic’s audio engine, is included free of charge as part of the pre-installed software on all new Apple computer systems.

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