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DxO Labs On Brink Of Receivership?

Gina Stephens
Written by Gina Stephens

DxO Labs usually refers to: Laboratory, a facility to conduct scientific research Labrador Retriever, a breed of dogs Lab or LAB, or variant has reportedly gone into receivership, with a authorized notice surfacing online claiming that the company has opened a bankruptcy proceeding. 

DxO Labs split from DXO Mark in January 2018, With DXO Cut Image Labs becoming a privately owned company focusing on image quality solutions and services. DxO Labs had announced further development of DXO PhotoLabs, their symbol editing software.  

DxO Labs also has the DXO One smartphone camera attachment under its remit, which was also continuing to be developed. The enterprise also had big plans for the Nik collection of software, which it acquired from Google in October 2017. 

Though it's unclear to us how receiverships and bankruptcy what really happens proceed under French law, what can't be denied is that an official legal notice has surfaced on Canon Rumors which states "the rift of a bankruptcy proceeding" has been declared. 

A customer of DxO Labs also claims to have received the following official letter: "Hello sir, In episode, 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 establish you that the company is absolutely not in liquidation and that we are confident that our customers will not be affected by this procedure." 

We'll update you on the contention as more information comes to light. 

Republished: ephotozine.com

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About the author

Gina Stephens

Gina Stephens

Gina is a photography enthusiast and drone lover who loves to fly drones, capture images and have fun cherishing them with family and friends.

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