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Nik Collection Creator DxO Files Bankruptcy
By Joseph Tepper, May 1, 2018 @ 11:16 PM (EST)

Rumblings have been going around for a while concerning the financial stability of DxO Labs, the company behind popular photo editing software products “Nik Collection” and “DxO Photo Labs.” But in an official statement, the company confirms that it has filed for Chapter 11 Bankruptcy Protection—but insists the restructuring will not impact customers. 

Actually, the company used the opportunity to tease upcoming products. Those include an upgraded version of the main DxO Photolab. In the process, DxO flaunted the program’s perpetual license as opposed to the subscription model offered by Adobe. 

“[This is] an opportunity for us to reiterate our commitment to the 'perpetual license' model (as opposed to a subscription model) that allows our customers to update their products according to their needs, rather than in a constrained manner,” the statement reads.

As well, DxO promises to release updated versions for the popular Nik Collection of software. The goal is to make the programs work more smoothly and streamline the plug-ins with an iOS or PC system. Read more about the developments, here

h/t [Petapixel]

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