Magix Restructuring

[Boy]

Apparently, Magix is in financial straits and has filed for “self-administered insolvency.” It is seeking investors (https://www.zri-online.de/aktuell/zu...are-gmbh-77646) and downsizing its product offering. I understand that quite a few of the staff have already left.

More information here: https://www.videoaktiv.de/magazin/ma...ersteller.html

[Egg Bramhill]

Thanks for the heads up Boy. I always found it a confusing company.

[Daniel]

I always found it a confusing company.

Haha yes, and as the Google Translate version of the article Boy links to says in English "The complex product portfolio has led to inefficiencies at all levels of the organization, especially in development. This made orientation difficult for customers."