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Home > Company Index > Computer Software & Services > Multimedia Production, Graphics & Publishing Software > MGI Software Corp.

MGI Software Corp.
 PROFILE
MGI Software can hook you up with some sweet imaging and video software. The company provides a variety of visual media software and services for individuals and businesses, including its flagship PhotoSuite digital imaging software. MGI also offers image server and Web tools for commercial Web sites, as well as applications for PC video creation, DVD viewing, and graphic Web authoring. The company sells its products through distributors, online retailers, manufacturers, and through its own Web site. In 2001 the company restructured, cutting back its workforce by about 30%.

 COMPETITION
Adobe Systems Incorporated (ADBE)
Macromedia, Inc. (MACR)
Pinnacle Systems, Inc. (PCLE)

 DEALS
Deal: MGI Partners With Sony
Date Announced: 12.22.00
Value of transaction (US $Mil): 0
Description: MGI's visual media software to be bundled with Sony's new digital video camcorder line.

Search all deals for this company

 TRACKERS
May 23, 2001 - LAYOFF TRACKER
86 laid off
Description: Laying off employees as part of a restructuring plan announced in March. Includes some cuts in its contract workforce. Layoffs represent 26% of its total workforce.

Jan. 23, 2001 - LAYOFF TRACKER
12 laid off
Description: Reorganizing so that the marketing and development of its PhotoSuite Application Service product is centered at its Toronto headquarters.

More LAYOFF NEWS

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 31.30
1-Yr. Sales Growth: 46.7%
Employees: 252
Revenue per employee: $124,206.35

 KEY PEOPLE
• Anthony DeCristofaro
    CEO
• Ken MacKenzie
    CFO

 CONTACT INFO
50 West Pearce St.
Richmond Hill Ontario L4B 1E3, Canada
Phone: 1-905-764-7000
Fax: 1-905-764-7110
Online: Web Site

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