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Prasad Corporation acquires the assets of DFT and Precision Mechatronics

18 September 2012
Prasad Corporation acquires the assets of DFT and Precision Mechatronics

Precision Mechatronics and DFT Munich will be merged into a new company called Digital Film Technology GmbH (DFT) who will continue with research and development, new equipment manufacturing, sales and on-going service support for its large installed client base of legacy products and new sales. Prasad Corporation’s UK Regional Director Simon Carter commented that the general market trend of traditional new film scanning was changing and becoming more about historical ingest; restoration and archive management: “SCANITY is a realtime 2K and 4K capstan driven ingest scanner more than capable of meeting these evolving and demanding Archival Market conditions. With our new business model we can supply & continue the development both of the SCANITY and of a range of FLEXXITY products to facilitate the best possible solutions for this emerging archive market.” As part of this new business development Prasad Corporation will be retaining a significant number of DFT Digital Film Technology and Precision Mechatronics original management team and operational staff, including its Service operation so that it can continue to provide the same excellent customer support. Stefan Kramper, Gunter Weidlich and Simon Carter will be the operational Managing Directors within the new company structure.www.prasadcorp.com

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