![]() That was a licensing deal we did with Corel 10 years ago. This in turn means we can invest more in R&D and accelerate the development of Xara Xtreme, both easier to use low-cost consumer versions and higher-end professional versions. This means for the first time in 10 years that Xara developed products will be available from retail outlets throughout the world. Magix is the number number one retailer of consumer graphics, audio and video products in Europe, and a large player in the US as well. This move not only brings greater financial resources and stability to Xara, but will also greatly enlarge its user-base. So future versions of Xara Xtreme, for example, will be available under the Magix brand (which is aimed mostly at the consumer market) while Xara will continue to aim at the higher more professional market. However Xara will develop product to be supplied both under the Magix brand and the Xara brand. Indeed the management of the company, the day-to-day operational control, product design and development teams remain as before. ![]() The company will continue to operate as before, and will continue to develop Xara software as before. Xara Group Ltd has simply had a change of owners. How does this affect the future of Xara products? I'm posting this to try and answer the most likely questions that arise from this Today Xara announced that is has been acquired by MAGIX AG - a German software company.
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