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^ Capiton acquires majority stake in Magix (Press release).Aishvarya Agarwal Managing Director Marketing.Recently, Magix also released software for VR video editing (including a free VR player app ) and Android mobile apps (Camera MX, Acid Beatbox, Looply for music and video editing and animation for younger audience.
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In May 2016, Magix acquired Vegas Pro, Movie Studio, Sound Forge and ACID Pro from the Sony Creative Software product range. In November 2008, Magix launched the knowledge community as an independent community for experts on the topics of video editing, music production and photo editing. Soon after in 2002, the first version of Magix Photos on CD & DVD (now known as "Magix Photostory Deluxe") was released - ranked as world's best software in 2018 by TopTenreviews for creating photo slideshow. In 1997, the first video editing software by the company, Magix Movie Edit Pro (also known as "Magix Video Deluxe" in Europe) was released in 1997, and today ranks among world's best software for semi-professional and DIY users. Magix products and services were first offered in other European countries and the USA starting in 1997. Starting in 1996, the Magix product range was extended to include software for designing, editing, presenting and archiving photos and videos. In 1994, the first edition of Magix Music Maker was released, that has now become one of the most widely used music making software globally with over 2 million users.