What happened to MagicBrief?
In short
Acquisition announced on .
Canva announced its intent to acquire MagicBrief, which will continue to operate independently for now.
Source: Canva newsroom.
What this means
On , Canva said it intended to acquire MagicBrief and bring its creative intelligence into Canva's Visual Suite. For now, MagicBrief was to keep operating independently and support its growing customer base while the companies built future products together.