Blackmagic Design acquires da Vinci Systems

Black Magic Design (BMD) has bought daVinci color grading systems. Black Magic known for it world class signal convertors and hardware boxes. daVinci, makes of Resolve and Revival, has been based out of Florida, but interestingly, software R&D for some time has been based in Singapore – also home to Black Magic’s head office. With this move, the new company will be increasing – almost doubling or tripling – their R&D staff on the Resolve and Revival products. What is changing is the companies reliance on custom build in house Hardware. daVinci will be showing some incredible new technology at IBC next week that extends and changes the companies technology focus. For all current daVinci customers there will be no break in support, development or service. There has been a reduction of US staff as part of the move but this is linked to R&D changes rather than a contraction of the companies activities. daVinci and other companies have been hit with the global economic climate, and changes in the DI industry – notable the expansion of DI to a wider audience and the withdrawal of some major houses from DI altogether, recently for example Framestore in the UK closed its whole DI department, (although Framestore’s Digital Lab was not primarily a daVinci house). Industry insiders point to how well this positions BMD to compete at an even higher level – while simultaneously allowing daVinci to service a wider market.

More information here: http://www.fxguide.com/qt/1448