Who the hell owns what now?

[dionenoid]

That’s right. Not publicly traded and now PE-funded.

Fake news from dionenoid. "This is old news", dont insult me.

Fake news huh ?

https://tracxn.com/d/acquisitions/acqui ... eIEQs1PG28
https://tracxn.com/d/companies/image-li ... FxCwSbS9oc
https://www.tijd.be/ondernemen/durfkapi ... 97512.html

According to several Belgian and Dutch news sites, Waterland paid between 90 and 110 million Euros for a total of 85% of Image-Line. This was in February 2019, so yeah, old news.

But anyway, this made Jean-Marie Cannie (one of Image-Line's founders) instantly hit the list of the richest people in Belgium : https://derijkstebelgen.be/vermogende/jean-marie-cannie
Quite revealing article that one, use Google Translate if you can't read Dutch.

And ofcourse you can't find info about Waterland owning Image-Line these days, because Waterland already sold the company to someone else : Aish Agarwal, who became Image-Line's CEO short after : https://www.crunchbase.com/person/aishvarya-agarwal

Agarwal became rich by selling his former company (Magix, yeah that's right, from Music Maker), to a German investor called Capiton : https://www.capiton.de/en/portfolio/mag ... ware-gmbh/

Apparently Waterland made around 100 million profit on selling Image-Line to him and his backing investors, who also bought the remaining 15% of Image-Line that was still owned by the original founders.

[revvy]

I know more about Image-Line’s finances than any other company in the world.

[Erik_Lucas]

That’s right. Not publicly traded and now PE-funded.

Fake news from dionenoid. "This is old news", dont insult me.

Fake news huh ?

https://tracxn.com/d/acquisitions/acqui ... eIEQs1PG28
https://tracxn.com/d/companies/image-li ... FxCwSbS9oc
https://www.tijd.be/ondernemen/durfkapi ... 97512.html

According to several Belgian and Dutch news sites, Waterland paid between 90 and 110 million Euros for a total of 85% of Image-Line. This was in February 2019, so yeah, old news.

But anyway, this made Jean-Marie Cannie (one of Image-Line's founders) instantly hit the list of the richest people in Belgium : https://derijkstebelgen.be/vermogende/jean-marie-cannie
Quite revealing article that one, use Google Translate if you can't read Dutch.

And ofcourse you can't find info about Waterland owning Image-Line these days, because Waterland already sold the company to someone else : Aish Agarwal, who became Image-Line's CEO short after : https://www.crunchbase.com/person/aishvarya-agarwal

Agarwal became rich by selling his former company (Magix, yeah that's right, from Music Maker), to a German investor called Capiton : https://www.capiton.de/en/portfolio/mag ... ware-gmbh/

Apparently Waterland made around 100 million profit on selling Image-Line to him and his backing investors, who also bought the remaining 15% of Image-Line that was still owned by the original founders.

Apologies. I will certainly take the L on this one.

[harryupbabble]

if the product does what it is supposed to do really well
and lasts long,
does it matter who owns the company that made it?

should i start researching who made all the stuff that i use?
and the foods that i eat?
what company is responsible for those bananas and oranges, etc.
if i find out that those companies are owned by klingons...
should i care?

i'm planning on getting an amazon account
i don't know much about jeff besoz, the owner of amazon
he could be a satanist
he coud be making love with goats

lots of republican americans smoke cuban cigars?
and weren't the hippies against nazis?
and yet they were driving volkswagen beetles?
and the unibomber, an antitech guy, used the service of the u.s. mail