STOCKHOLM, SWEDEN — Digital Vision (www.digitalvision.tv), the maker of grading and restoration solutions, has acquired Image Systems (www.imagesystems.se), a specialist in motion analysis and film scanning. The acquisition increases Digital Vision's presence in the post production and restoration markets while creating new opportunities for growth with complementary products, distribution and vertical markets currently serviced by Image Systems.
Image Systems’ is based in Linköping, Sweden, and offers the Golden Eye film scanner (pictured), which provides 2K or 4K scanning at speeds up to 15 frames per second. The Golden Eye can also perform realtime scanning for digital dailies or Web/DVD production in SD or HD resolution. It supports 8mm, 16mm, 35mm and 70 mm, as well as a large set of output file formats such as QuickTime, TIF, DPX and AVI.
"The acquisition of Image Systems is a logical and strategic step in Digital Vision's development," states Bengt Broman, CEO of Digital Vision. "We now have more scope to meet the growing demands that the media industry has for creative solutions and services. There are multiple driving forces not least the transition to HD and higher resolution content, with consumers demanding pristine image quality from television through to 3D movies. The transition from analogue to digital, new distribution platforms and the restoration of media archives also provide an increasing demand for our services. With the acquisition of Image Systems, we will offer the market new concepts and will significantly increase our presence."
Mikael Jacobsson will become CEO at the end of Q1 2011. He is the second largest shareholder in Image Systems and has played a leading role in developing the company. He also has experience working with stock listed companies and venture capitals.