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DxO Labs goes into receivership, reports say

Apr 23, 2018 by Dunja Djudjic Add Comment

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In January current year, DxoMark split from DxO Labs and according to recent rumors, another big change is about to come inside DxO Labs. As some sources state, the company is about to go into receivership, although the reasons are still unfamiliar.

Someone noticed on Canon Rumors forum that DxO Labs is going into receivership. The user who posted it, Mt Spokane Photography, says that he’s not familiar with French Bankruptcy Laws, but it appears that the company will be sold or auctioned off.

According to Canon Rumors, DxO Labs has gone into receivership because they’re “reorganizing the company.” Reportedly, a customer of DxO Labs got a message reassuring them that the company is in trouble:

In fact, the company has recently been placed under a regime of judicial administration, the time to reorganize.

Although we can not comment on this situation, we can nevertheless assure you that the company is absolutely not in liquidation and that we are confident that our customers will not be affected by this procedure.

After DxOMark Image Labs split from DxO Labs, they became a privately-owned, independent company. DxOMark went on with the “development and commercialization of image quality solutions and services.” As for DxO Labs, they announced further development of their photo editing software DxO PhotoLab. They also had plans to keep developing their DxO One smartphone camera attachment. As you might know, DxO Labs have also acquired Nik Collection from Google in October 2017. They planned to develop it and launch it in 2018, but there are still no details on that.

We have contacted DxO Labs for confirmation of the receivership. We’ll keep you posted if we hear back.

[via Canon Rumors]

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Filed Under: news Tagged With: Bankrupt, dxo, Industry News

Dunja Djudjic: from diyphotography.net

About Dunja Djudjic

Dunja Djudjic is a multi-talented artist based in Novi Sad, Serbia. With 15 years of experience as a photographer, she specializes in capturing the beauty of nature, travel, and fine art. In addition to her photography, Dunja also expresses her creativity through writing, embroidery, and jewelry making.

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Dunja Djudjic: from diyphotography.netDunja Djudjic is a multi-talented artist based in Novi Sad, Serbia. With 15 years of experience as a photographer, she specializes in capturing the beauty of nature, travel, and fine art. In addition to her photography, Dunja also expresses her creativity through writing, embroidery, and jewelry making.

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