Tech Company M&A Transactions
Colorfront Acquisition
On 6/16/2005, Colorfront was bought by Autodesk. Autodesk said the transaction price was $15 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/16/2005
Transaction Type
M&A
Amount
$15,000,000
M&A Terms
Autodesk, Inc. today announced that it has signed a definitive agreement to acquire substantially all of the assets of ColorfrontTM Ltd., for $15 million USD. This acquisition will bring comprehensive new expertise in film laboratory processes, digital post-production, color science, image processing and hardware platform optimization to Autodesk. The transaction is currently expected to close in the next 45 days, and is expected to be neutral to Autodesk's earnings in fiscal year 2006.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
Undisclosed
Budapest, 1051
Hungary
Budapest, 1051
Hungary
Phone
Website
Email Address
Not Recorded
Overview
ColorfrontTM Ltd., the leading developer of color correction technology for film studios and digital film laboratories with Autodesk to co-develop the Discreet Lustre digital color grading system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Jaszberenyi
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