In 2009, the company established two additional subsidiaries in Germany: Nero Development and Services GmbH and Nero EMEA Sales GmbH. In May 2007, it was announced that the Luxembourg-based firm Agrippina International SàrL owned more than 25% of Nero AG shares. The USA and Japan operations are sales offices, while the Chinese subsidiary operates exclusively to provide internal development services for the company. The Nero Group includes foreign subsidiaries in Glendale, California, United States ( Nero Inc., founded in 2001), in Yokohama, Japan ( Nero K.K., founded in 2004), and Hangzhou, China ( Nero Ltd., founded in 2007). The company changed its name (and legal form) to Ahead Software AG in 2001 and again to Nero AG in 2005. Richard Lesser founded the company as Ahead Software GmbH in 1995. The company's main product is Nero 2019, a piece of software that comprises burning, file conversion, media management, and video editing functions and was updated on an annual basis, though new releases have not occurred for several years. Nero AG (known as Ahead Software AG until 2005) is a German computer software company that is especially well known for its CD/ DVD/ BD burning suite, Nero Burning ROM.
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