Thomson (TMS) announced that the sale of its digital film equipment product line, formerly a part of its Grass Valley Business division, to private investors led by PARTER Capital Group, was completed on November 28, 2008. This sale, which was announced on September 4, completes the transfer of all the resources of the digital film equipment business, which sold film-scanning hardware and post-production software to Hollywood and other film studios worldwide including staff, intellectual property, products in manufacture, and spares.
The new business will now take over the active development and marketing of the digital film equipment lines, including the Spirit film scanners used to digitize motion picture film, Bones workflow tools used to create end-to-end post-production workflows for digitized motion picture film and electronically-captured material, and the LUTher color space management solution used to preview and calibrate video displays to match the characteristics of final release print film stock.
At the completion of the business transfer, Thomson reiterated its commitment to the film and postproduction markets across all its operations, including its Technicolor Content Services operations.
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