What is "magix"

Magix GmbH & Co. KGaA (brand name written "MAGIX") is a holding company that controls numerous subsidiaries and investments domestically and abroad. The subsidiaries have different business models and are active in the fields of software, online services, entertainment and digital content, as well as real estate. The subsidiaries currently employ approximately 350 people.

The Magix company was founded in 1993 in Munich by Jürgen Jaron Dieter Rein and Erhard Rein. In 1998 two software developers from Dresden, Tilman Herberger and Titus Tost, joined the company. The headquarters was moved to Berlin in the same year. In 2001 the company changed its business type from a GmbH ("Gesellschaft mit beschränkter Haftung", English: company with limited liability) to Magix AG ("Aktiengesellschaft", English: stock corporation). Magix AG went public on April 6, 2006. Its stocks were listed on the official market and the Prime Standard of the Frankfurt Stock Exchange. After switching to the Entry Standard in 2012, Magix AG filed an application in May 2014 to have the license to trade its shares on the unofficial market revoked and its stocks delisted on November 30, 2014.