Sony streamlines business; offloads creative software products ZDNet

Sony continues to streamline its business by offloading part of the Creative designing and editing range. On Tuesday, Magix Software GmbH said the firm has acquired the "majority" of the Sony Creative Software (SCS) product range. In a press release, Magix said it now has purchased the full Sony Vegas Pro, Movie Studio, Sound Forge Pro, and ACID Pro product lines. The German software and app provider provides designing, editing and presentation software for both private and business users, and says the acquisition of SCS products will improve the firm's position across other markets, including the United States. Over the past few years, Sony launched itself down the path of a major restructuring effort in the wake of increased competition, poor sales and a weak Japanese yen.