New start for MAGIX: RMEP takes over at the start of 2025

Berlin, January 2025: MAGIX Software GmbH will be taken over by Russmedia Equity Partners (RMEP) at the beginning of the year. This development follows the company's insolvency under self-administration. With the takeover by RMEP, the insolvency has now officially ended and the company has been successfully restructured.

RMEP, a European investor in digital companies, is also taking over the management of MAGIX with the purchase of the Berlin-based software developer. Robert Rutkowski, who was already responsible for the commercial success of Erento GmbH - another Russmedia Group company and the largest rental portal in Europe - has been appointed CEO. With the new management team, MAGIX, as a manufacturer of professional software solutions in the field of video editing and music production, is striving to consolidate and expand its position on the international market.

"This market is experiencing robust growth, driven by the demand for high-quality digital content and user-friendly software solutions across all industries. As one of the leading providers of creative software with a broad product range, MAGIX fits perfectly into our portfolio of successful brand names in the digital sector", explained the investor.

About MAGIX

MAGIX products are used by more than 35 million people worldwide. The best-known brands include the entry-level DAW Music Maker and the video editing program Video deluxe. In the area of professional applications, the high-definition DAW Sequoia is one of the preferred tools of large media companies such as Radio France and ARD as well as internationally renowned music producers and mastering engineers. Productions realized with the software have already received numerous prestigious awards, including several Grammys.

Since the acquisition of a large part of Sony Creative Software's portfolio in 2016, the professional video editor VEGAS Pro has expanded the MAGIX product range. In addition to other software titles such as Sound Forge and ACID Pro, an active customer base of several million users was also acquired at the time, significantly expanding MAGIX's presence in North America and Asia.

MAGIX software solutions are constantly being further developed and expanded with innovative AI functions. MAGIX is thus positioning itself for future growth in a dynamic market. Current forecasts show that videos will account for around 82% of all Internet traffic by 2025 - a development for which MAGIX is optimally prepared with its versatile range of editing tools for video enthusiasts, content creators and professional filmmakers.

About Russmedia Equity Partners

As an innovative European investor, RMEP specializes in online marketplaces, consumer apps and SaaS solutions. The company was founded in 2017 and is headquartered in Ruggell, Liechtenstein. The companies in the RMEP portfolio employ more than 600 people across Europe. RMEP manages over 50 successful brand names in the digital sector. With its broad range of digital solutions and marketplaces, RMEP reaches more than 400 million users worldwide every year.