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Magix

MAGIX GmbH & Co. KGaA
GmbH & Co. KGaA
ISIN: DE0007220782
Industry Investment holding
Founded 1993
Headquarters Berlin, Germany
Website magix.ag

Magix GmbH & Co. KGaA (brand name written "MAGIX") is a holding company that controls numerous subsidiaries and investments domestically and abroad. The subsidiaries have different business models and are active in the fields of software, online services, entertainment and digital content, as well as real estate. The subsidiaries currently employ approximately 350 people.

The Magix company was founded in 1993 in Munich by Jürgen Jaron Dieter Rein and Erhard Rein. In 1998 two software developers from Dresden, Tilman Herberger and Titus Tost, joined the company. The headquarters was moved to Berlin in the same year. In 2001 the company changed its business type from a GmbH ("Gesellschaft mit beschränkter Haftung", English: company with limited liability) to Magix AG ("Aktiengesellschaft", English: stock corporation). Magix AG went public on April 6, 2006. Its stocks were listed on the official market and the Prime Standard of the . After switching to the Entry Standard in 2012, Magix AG filed an application in May 2014 to have the license to trade its shares on the unofficial market revoked and its stocks delisted on November 30, 2014.

Magix Software GmbH, an international software publisher with a focus on multimedia software and services, is the largest subsidiary of Magix GmbH & Co. KGaA. The company is headquartered in Berlin, Germany with additional locations in Dresden and Lübbecke in Germany, Bologna in Italy, Boulogne in France, Huizen in The Netherlands, Hemel Hempstead in the United Kingdom, Markham in Canada, and Reno in the United States.

The subsidiary Magix Online Services GmbH [1] has been offering online services, such as Magix Online Album and Magix Website Maker, since 2004. Magix Web Designer, a program for creating websites, was introduced in 2009.

Products

Magix acquired the English company Xara Group Ltd, headquartered in Hemel Hempstead, in 2007. Xara produces graphics software and Web design programs. The company is first and foremost known for Xara Designer Pro, which is available in its 10th version (as of September 2014).


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Wikipedia

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