Sony Creative Software is a developer of various media software suites. Sony Creative Software was created in a 2003 deal with Madison media company Sonic Foundry in which it acquired its desktop product line, hired roughly 60% of employees, paid $18 million in cash, and took on certain liabilities and obligations.
As announced in May 2016, MAGIX Software GmbH has purchased majority of Sony Creative Software products, including the full Vegas Pro, Movie Studio, Sound Forge Pro, and ACID Pro product lines. 
^Schmidt, Klaus (May 23, 2016). "Magix acquires Sony's Video Editing and Music Software Portfolio today". linkedin.com. Retrieved August 16, 2016. By purchasing Sony Creative Software products, including the full Vegas Pro, Movie Studio, Sound Forge Pro, and ACID Pro product lines, MAGIX is further cementing its position in the market and accelerating its international growth. The SCS Catalyst Browse and Catalyst Production Suite will continue to be developed by Sony for professional broadcast and production applications.