DxO Labs has been placed under ‘judicial administration’ and will have the opportunity to restructure and seek a buyer before going into liquidation, according to new details published by Le Figaro.

The French newspaper shed some more light on the story which broke over the weekend when company emails to customers began appearing on forums and rumour sites.

Le Figaro says that insolvency proceedings took effect on 7 March 2018, giving DxO Labs to declare its receivables.

You can read our original post on the DxO Labs receivership. We’ll continue to post updates as and when we receive them.

The DxO brand is perhaps best known for its camera image sensor tests and rankings that are relied on by many. But it’s worth pointing out that DxOMark is the division of that brand responsible for the sensor ratings.

DxO Labs produces photo editing software such as PhotoLab, FilmPack, ViewPoint, as well as the Nik Software it bought from Google last year. DxO Labs also released the DxO One camera attachment for the iPhone.

Last year DxOMark and DxO Labs became separate companies, so it’s worth pointing out here that DxOMark is not facing insolvency proceedings.

Via DPReview

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DxO Labs has been placed under ‘judicial administration’ and will have the opportunity to restructure and seek a buyer before going into liquidation, according to new details published by Le Figaro.
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Camera Jabber
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