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Sony sells most of its media editing tools
Sony's quest to get rid of unnecessary businesses continues. The electronics giant has sold off the "majority" of its creative software suite to Magix, a German firm that revolves around pro imaging apps. That's right -- Vegas Pro, Sound Forge Pro and other well-known Sony media editing apps are now in someone else's hands. Sony will still offer its Catalyst broadcast and production tools, but Magix will be handling development and support from here on out.