Bellevue Investments
 |
 | |
| Company type | Aktiengesellschaft ISIN: DE0007220782 FWB: MGX |
|---|---|
| Industry | Software |
| Founded | 1993 |
| Headquarters | , |
| Revenue | € 37.1 million |
Number of employees | 325 (30 Sep. 2010) |
| Website | magix.com |
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.
History
MAGIX was founded in Munich, 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.[1][2]
On April 6, 2006, MAGIX AG went public on the Frankfurt Stock Exchange.[3] 3i took partial exit during the IPO. It held about 11% of Magix post-IPO,[4] but sold its stake to Heidelberg Capital in 2008.[5] Later that year, MAGIX acquired freedb, a database of compact disc track listings.
In 2007 MAGIX acquired UK-based software developer Xara.[6] 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).[7] 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[8] | 2008/2009[9] | 2007/2008[9] | 2006/2007[10] | 2005/2006[11] | 2004/2005[11] | 2003/2004[11] |
|---|---|---|---|---|---|---|---|
| Revenue | € 37.1mn | € 34.8mn | € 32.1mn | € 32.7mn | € 35.8mn | € 27.5mn | € 21.8mn |
| Earnings before interest and taxes | € 5.6mn | € 3.1mn | € 2.1mn | € 3.1mn | € 8.2mn | € 4.9mn | € 5.3mn |
| Net income | € 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
- Xara Group Ltd. Hertfordshire, UK.
Products
|
|
|
| |||||||||||||||||||||||||||||||||||||||
External links
References
- ^ 3i Press release
- ^ European media sector report produced by 3i in co-operation with the Economist Intelligence Unit
- ^ News on the Alarmclock
- ^ News on efinancialnews.com
- ^ News on Yahoo!Finance
- ^ "German group buys Xara".
- ^ According to Corporate Statements on magix.info
- ^ "Annual Report 2009/2010" (PDF). MAGIX AG. Retrieved 2011-02-17.
- ^ a b "Annual Report 2008/2009" (PDF). MAGIX AG. Retrieved 2010-02-02.
- ^ "Annual Report 2006/2007" (PDF). MAGIX AG. Retrieved 2010-02-02.
- ^ a b c "Annual Report 2005/2006" (PDF). MAGIX AG. Retrieved 2010-02-02.