Blackmagic Design has entered the audio business and is extending its reach in the broadcast, commercial and feature film businesses via the acquisitions of Fairlight and Ultimatte. The value of the deals, announced as IBC opened, was not disclosed.
Fairlight is an Australia-based maker of professional digital audio products used in live production, film and TV post production and for immersive sound experiences.
California-headquartered Ultimatte develops blue and green screen removal technology for the broadcast, commercial and feature film industries.
“The exciting part about [the Fairlight] acquisition is that it will add incredibly high-end professional audio technology to Blackmagic Design’s amazing video products,” said Blackmagic CEO Grant Petty.
“We look forward to working with the Fairlight team to build even more exciting new products for our customers.”
Added Petty: “Ultimatte has been used by virtually every major broadcast network in the world. We are thrilled to bring Ultimatte and Blackmagic Design together and are excited about continuing to build innovative products.”
With the acquisitions, the staffs of the companies will also join Blackmagic, the company said.
As to the brand names, Blackmagic senior key accounts manager Bob Caniglia reported: “We haven’t structured the details, but if you look at what we have done in the past (with acquisitions such as DaVinci and Teranex), we retain the well-known, respected names.”
7.H20 (Blackmagic), 8.B20 (Fairlight), 7.C27 (Ultimatte)
