MAGIX
Encyclopedia
MAGIX AG
is an international provider of software, online services and digital contents for multimedia
communications based in Berlin
, Germany
. The Company also operates from branches in the USA, Canada
, the UK, France, Italy, Spain and the Netherlands. MAGIX has developed software for creating, editing, managing and presenting photos, graphics, videos and music since 1993.
, Germany
in 1993 by Jürgen Jaron, Dieter Rein and Erhard Rein under the name of "MAGIX Technology GmbH". The first product, MAGIX Music Maker
, was published in 1994. From 1997 MAGIX began distribution in several European countries and the USA via locally based subsidiaries
. In 1999 MAGIX moved its headquarters from Munich to Berlin
, Germany. Since then the company has made further expansions. In 2000, venture capitalist
3i
and technology holding company tbg invested € 4.9 million in MAGIX.
On April 6, 2006, MAGIX AG went public on the Frankfurt Stock Exchange
. 3i took partial exit during the IPO. It held about 11% of Magix post-IPO, but sold its stake to Heidelberg Capital in 2008. Later that year, MAGIX acquired freedb
, a database of compact disc track listings.
In 2007 MAGIX acquired UK-based software developer Xara
. In 2008 MAGIX AG initiated the Knowledge Community
magix.info as an independent social network
for experts on the topics of music production, video and photo editing. The social network counts 112,000 members (as of April 2011). In 2009 an additional group subsidiary was founded – MAGIX Online Services GmbH, based in Berlin. The main online services from MAGIX are united in this company.
The fiscal year in the cited reports is the period from October 1 to September 30.
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Video
Mobile Movie Creator
Movie Edit Pro
Movies on DVD
Rescue Your Videotapes!
Video easy
Video Sound Cleaning Lab
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Music
Audio Cleaning Lab
MP3 Maker
Music Maker
Mufin Musicfinder
Podcast Maker
Rescue Your Vinyl & Tapes
Samplitude Producer
Webradio Recorder
Digital DJ
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Pro Products
Samplitude
Sequoia
Video Pro X
Xara Designer Pro
Aktiengesellschaft
Aktiengesellschaft is a German term that refers to a corporation that is limited by shares, i.e. owned by shareholders, and may be traded on a stock market. The term is used in Germany, Austria and Switzerland...
is an international provider of software, online services and digital contents for multimedia
Multimedia
Multimedia is media and content that uses a combination of different content forms. The term can be used as a noun or as an adjective describing a medium as having multiple content forms. The term is used in contrast to media which use only rudimentary computer display such as text-only, or...
communications based in Berlin
Berlin
Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
. The Company also operates from branches in the USA, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, the UK, France, Italy, Spain and the Netherlands. MAGIX has developed software for creating, editing, managing and presenting photos, graphics, videos and music since 1993.
History
MAGIX was founded in MunichMunich
Munich The city's motto is "" . Before 2006, it was "Weltstadt mit Herz" . Its native name, , is derived from the Old High German Munichen, meaning "by the monks' place". The city's name derives from the monks of the Benedictine order who founded the city; hence the monk depicted on the city's coat...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
in 1993 by Jürgen Jaron, Dieter Rein and Erhard Rein under the name of "MAGIX Technology GmbH". The first product, MAGIX Music Maker
MAGIX Music Maker
Magix Music Maker is a commercial digital music editor, which was designed by the company MAGIX for the consumer sector. In its present form, its program attributes originate from Magix's professional digital audio workstation, Samplitude. The first version of Music Maker was published in 1994...
, was published in 1994. From 1997 MAGIX began distribution in several European countries and the USA via locally based subsidiaries
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
. In 1999 MAGIX moved its headquarters from Munich to Berlin
Berlin
Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...
, Germany. Since then the company has made further expansions. In 2000, venture capitalist
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
3i
3i
3i Group plc is a multinational private equity and venture capital company headquartered in London, United Kingdom. It has offices in 13 countries across Asia, Europe and the Americas and had total assets under management of £12.7 billion as at 31 March 2011...
and technology holding company tbg invested € 4.9 million in MAGIX.
On April 6, 2006, MAGIX AG went public on the Frankfurt Stock Exchange
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...
. 3i took partial exit during the IPO. It held about 11% of Magix post-IPO, but sold its stake to Heidelberg Capital in 2008. Later that year, MAGIX acquired freedb
Freedb
freedb is a database of compact disc track listings, where all the content is under the GNU General Public License. It was originally based on the now-proprietary CDDB . As of April 24, 2006, the database holds just under 2,000,000 CDs...
, a database of compact disc track listings.
In 2007 MAGIX acquired UK-based software developer Xara
Xara
Xara is a UK-based software company founded in 1981. It has developed software for a variety of computer platforms, in chronological order: The Acorn Atom, BBC Micro, Z88, Atari ST, Acorn Archimedes, Microsoft Windows and Linux. It was originally called Computer Concepts, Ltd.; the company name...
. In 2008 MAGIX AG initiated the Knowledge Community
Knowledge community
A knowledge community is community construct, stemming from the convergence of knowledge management as a field of study and social exchange theory. Formerly known as a discourse community and having evolved from forums and web forums, knowledge communities are now often referred to as a community...
magix.info as an independent social network
Social network
A social network is a social structure made up of individuals called "nodes", which are tied by one or more specific types of interdependency, such as friendship, kinship, common interest, financial exchange, dislike, sexual relationships, or relationships of beliefs, knowledge or prestige.Social...
for experts on the topics of music production, video and photo editing. The social network counts 112,000 members (as of April 2011). In 2009 an additional group subsidiary was founded – MAGIX Online Services GmbH, based in Berlin. The main online services from MAGIX are united in this company.
Financial and other data
| Year | 2009/2010 | 2008/2009 | 2007/2008 | 2006/2007 | 2005/2006 | 2004/2005 | 2003/2004 |
|---|---|---|---|---|---|---|---|
| Revenue Revenue In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover.... |
€ 37.1mn | € 34.8mn | € 32.1mn | € 32.7mn | € 35.8mn | € 27.5mn | € 21.8mn |
| Earnings before interest and taxes Earnings before interest and taxes In accounting and finance, earnings before interest and taxes is a measure of a firm's profit that excludes interest and income tax expenses. Operating income is the difference between operating revenues and operating expenses... |
€ 5.6mn | € 3.1mn | € 2.1mn | € 3.1mn | € 8.2mn | € 4.9mn | € 5.3mn |
| Net income Net income Net income is the residual income of a firm after adding total revenue and gains and subtracting all expenses and losses for the reporting period. Net income can be distributed among holders of common stock as a dividend or held by the firm as an addition to retained earnings... |
€ 4.4mn | € 2.2mn | € 2.0mn | € 2.5mn | € 5.1mn | € 3.2mn | € 4.2mn |
| Staff | 325 | 303 | 307 | 319 | 303 | 220 | 178 |
The fiscal year in the cited reports is the period from October 1 to September 30.
Subsidiaries
The following Companies belong to the MAGIX Group as fully owned subsidiaries (30. Sep. 2010):- Catooh Corp. Las Vegas, Nevada, USA
- MAGIX Computer Products International Corp. Reno, Nevada, USA
- MAGIX Development GmbH Dresden, Germany
- MAGIX Entertainment B.V. Wormer, The Netherlands
- MAGIX Entertainment S.A.R.L. Paris, France
- MAGIX Entertainment S.R.L. Bozen, Italy
- MAGIX Limited Hampshire, UK
- MAGIX Limited Taipei, Taiwan
- MAGIX Online Services GmbH Berlin, Germany
- mufin GmbH Berlin, Germany
- XaraXaraXara is a UK-based software company founded in 1981. It has developed software for a variety of computer platforms, in chronological order: The Acorn Atom, BBC Micro, Z88, Atari ST, Acorn Archimedes, Microsoft Windows and Linux. It was originally called Computer Concepts, Ltd.; the company name...
Group Ltd. Hertfordshire, UK.
Products
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| Photo & Graphic | ||
| Xara 3D Maker | ||
| Digital Photo Maker | ||
| Slideshow Maker | ||
| Photo Premium | ||
| PhotoStory on CD & DVD | ||
| Website Maker | ||
| Xara Photo & Graphic Designer | ||
| Xara Web Designer | ||
MAGIX Movie Edit Pro
Movie Edit Pro is a consumer-based nonlinear video editing software designed by German MAGIX AG for the PC. It is the best selling video software in European retail. The first version was published in 2001. According to the developer, it applied the principles of non-destructiveness and object...
MAGIX Music Maker
Magix Music Maker is a commercial digital music editor, which was designed by the company MAGIX for the consumer sector. In its present form, its program attributes originate from Magix's professional digital audio workstation, Samplitude. The first version of Music Maker was published in 1994...
MAGIX Samplitude
MAGIX Samplitude is a computer program made by MAGIX for recording, editing, mixing, mastering and outputting audio. The first version was released in 1992 for the Amiga and three years later for Microsoft Windows...
MAGIX Sequoia
MAGIX Sequoia is a digital audio workstation. It is the most powerful of the MAGIX audio software family, essentially offering a superset of Samplitude's functionality...