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Sony sells off video editing products

Vegas Pro on Wetpixel

Sony Creative Software has announced that it has sold Vegas Pro, Sound Forge Pro, and ACID Pro to MAGIX Software. MAGIX has committed to supporting existing users and will release new versions of Vegas Pro and Movie Studio in the Fall.

Press Release

Sony Creative Software Sells Majority of Products to MAGIX Software GmbH

Catalyst Production Suite Remains with Sony for Professional Broadcast and Production Applications

Sony Creative Software (SCS) has sold the majority of its products to MAGIX Software GmbH.

SCS will remain a part of Sony Electronics and will continue to own and distribute its Catalyst Browse and Catalyst Production Suites. These products will continue to be developed by Sony for professional broadcast and production applications.

By purchasing the full Vegas Pro, Movie Studio, Sound Forge Pro, and ACID Pro product lines from SCS, MAGIX is further cementing its position in the market and accelerating its international growth as a leading creator of video, music, and photo-editing software and apps in Europe and the U.S.

The MAGIX team has a unique expertise in software and will breathe new life into these storied media titles for professionals and consumers,” said Alec Shapiro, president, Sony’s Professional Solutions Americas. “Our suite of Catalyst products has carved a unique niche in the production community. We will focus on developing these technologies and making them even more powerful workflow solutions for our professional broadcast and production customers.”

MAGIX will continue to support all current SCS customers to ensure a seamless end user experience. The company has also hired several former SCS employees.

These products from Sony Creative Software are the perfect addition to our portfolio,” said MAGIX CEO Klaus Schmidt. “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.”

The Sony Creative Software team will continue to maintain a presence in the Middleton/Madison, Wis., area.