Sony Sells Vegas Pro, Bulk of Creative Software Suite to MAGIX
MAGIX Software, a German software and app provider, is acquiring a majority of the Sony Creative Software (SCS) products, including the full Vegas Pro, Movie Studio, Sound Forge Pro, and ACID Pro product lines. The SCS Catalyst Browse and Catalyst Production Suite will continue to be developed by Sony for professional broadcast and production applications.
MAGIX Software is a creator of video, music, and photo-editing software and apps in Europe and also has a footprint in the US market. By purchasing Sony Creative Software products, MAGIX is looking to cement its position in the market and accelerate its international growth.
“These products from Sony Creative Software are the perfect addition to our portfolio. We have already strengthened our presence in the United States in order to propel development and sales. This autumn, we plan to release new versions of the video-editing programs Vegas Pro and Movie Studio, which are heavily oriented toward the customer requirements of today,” says MAGIX CEO Klaus Schmidt.
MAGIX will continue to support all current SCS customers who purchased products from Sony to ensure a seamless end user experience.