Archive of the Mergers and Acquisitions Category

Special Cross Grade to Magic Bullet Products Offered to Cinelook Customers

San Francisco, CA, October 18, 2007 – Red Giant Software, developer of a line of professional digital video tools, including Magic Bullet and Knoll Light Factory, today announced that the company reached an agreement with Digieffects to acquire Cinelook. This agreement secures Red Giant Software‘s position as the leading provider of color correction tools to set the mood of a movie. Following the recent launch of Magic Bullet Looks, Cinelook will no longer be sold or developed by either company. Digieffects will continue to offer free technical support to existing customers. Key pieces of the Cinelook technology and workflow may be added to future versions of the Magic Bullet line of tools. more

Strengthens Autodesk‘s Entertainment and Design Offering

Autodesk, Inc. (NASDAQ: ADSK) has completed the acquisition of substantially all the assets of Skymatter Limited, the New Zealand-based, privately held developer of Mudbox 3D modeling software. On August 6, 2007, Autodesk announced an agreement to purchase Skymatter‘s assets. Terms of the transaction were not disclosed. more

New York–(Sep. 18, 2007)–PostWorks (www.pwny.com) is proud to announce the addition of Re-Recording Mixer and Supervising Sound Editor Christopher Koch to its staff as Sound Designer/Mixer. Koch, who joins his fellow former Sony Music Studios staff member Paul Furedi in migrating to PostWorks, will make his home in one of the two new mix rooms just coming online at PostWorks’ Soho location. The latest expansions bring the total number of PostWorks’ Sound Group mixing rooms to nine, with five in Midtown and four in Soho. more

SAN RAFAEL, Calif., Aug. 6, 2007 – Autodesk, Inc. (NASDAQ: ADSK) today announced that it has signed a definitive agreement to acquire substantially all the assets of Skymatter Limited, the developer of Mudbox 3D modeling software. This acquisition will augment Autodesk’s offering for the film, television and game market segments, while providing additional growth opportunities for other design disciplines. Autodesk anticipates that the transaction will close in the next two months. Financial terms of the transaction were not disclosed. more

Synergies Create Complete and Most Advanced Image Presentation and Processing Solutions

CYPRESS, CA – (July 9, 2007) – Christie, a global leader in visual solutions for entertainment, business and industry, announced today that it has acquired Vista Controls Systems, Corp (Vista), makers of the world‘s most powerful video processing systems, including the acclaimed Vista Spyder. The move creates a comprehensive source for image processing and projection solutions for professional display markets more

MAYWOOD, NEW JERSEY, April 9, 2007: Ikegami Tsushinki Co., Ltd and Toshiba Corporation, industry leaders in state-of-the-art professional broadcasting systems, today announced their global collaboration in the development, manufacture, sales, and marketing of a new-generation system of video production and editing products. The new-concept system is expected to meet strong industry demand as broadcasters and video professionals make the transition to fully digital high-definition broadcasting.

Under an agreement signed today in Tokyo, the two companies will collaborate in developing the components of an advanced tapeless video production and editing system, including a professional-use camera and video recorder, utilizing the robust versatility of Flash memory as the main storage medium. The new system will support all aspects of video production, from news acquisition through to archiving, and Ikegami and Toshiba will jointly promote the concept to the industry before its targeted commercialization in April 2008. more

On March 1st, 18 years after he joined Interface Media Group (IMG), Vice President Jeff Weingarten has purchased the company from its Founder and President Tom Angell.

Thirty years have elapsed since Angell opened the doors at IMG. During those three decades, the company has firmly established itself as the consistent leader in cutting edge creative television and video production. A local and nationally known provider with the right combination of experienced, award-winning talent, IMG pioneers work in high definition television production, fiber and satellite distribution, nonlinear digital postproduction and new media to professional communicators. more

Following the Telex acquisition:
Bosch founds new business unit Bosch Communications Systems—established January 1st, 2007
Burnsville, MN Following the recent acquisition of Telex Communications by Bosch Security Systems in late 2006, the company announced that the title and structure of the Bosch organization that contains professional audio product brands Telex, RTS, Electro-Voice (EV), Dynacord, Midas, and Klark Teknik will be named Bosch Communications Systems effective January 1st, 2007.
The creation of Bosch Communications Systems — a business unit of Bosch Security Systems — sees Bosch poised to become one of the world’s leading manufacturers and suppliers of professional audio, wireless, life safety and communication equipment. Bosch systems have been installed in a wide range of applications, such as large stadium and airport projects where customer demand for turnkey solutions combined with security systems is growing. Likewise, the recently acquired brands Telex, RTS, Electro-Voice (EV), Dynacord, Midas, and Klark Teknik are renowned for their role in the world’s most critical, high-profile installations and events. Like Bosch, these brands carry significant cultural cachet and valued histories in research and development. For example, U.S.-based Electro-Voice (EV) celebrates its 80th Anniversary in 2007.
The creation of Bosch Communications Systems expands the breadth of Bosch Security Systems video surveillance, intrusion alarm, fire alarm and evacuation systems management, access control, and communications systems portfolio. With some 7,800 associates, the division is represented at more than 40 locations in Europe, the Americas, and Asia Pacific. The acquisition of Telex-related brands further expands the company’s global presence.
For more information, visit the Bosch Communications Systems webpage: www.boschcommunications.com

HOLLYWOOD, November 10, 2006–Four highly regarded production, post-production and creative studios have joined forces to launch Illuminate, a digital services company conceived to serve today‘s new generation of media and entertainment producers.

The new entity unites under one roof the know-how and heritage of four leading facilities–HTV, Metropolitan Entertainment, HD Vision Studios and HD Vision Broadcast Center–and channels their combined capabilities into three businesses groups: Arts, Media and Entertainment, plus a broadcast center and a fully equipped stage. more

NEW YORK and HOLLYWOOD–PostWorks, New York (www.pwny.com), the east coast’s most comprehensive full-service film and High Definition post facility, recently announced its merger with Orbit Digital (www.orbitdigital.com), an international provider of mobile post production equipment and services to the feature film and television industries. The announcement was made by PostWorks‘ CEO David Rosen and PostWorks‘ COO Rob DeMartin, and by Orbit Digital‘s Managing Partner Alastair Binks, who has been appointed to the role of President for PostWorks. more