DxO Labs begins bankruptcy process in France, says customers 'will not be affected'

According to reports and customer emails currently circulating online, DxO Labs has filed the initial proceedings to start the bankruptcy process in France, where the company is headquartered in Boulogne-Billancourt. While it's possible the company could be dissolved and liquidated, legal documents and emails to customers confirm the company has been placed under 'judicial administration.' This effectively means DxO Labs will have the opportunity to restructure and look for potential buyers befo...