Prime Focus World makes “significant valuation” for the UK VFX house.
Alex Hope, Managing Director of Double Negative says the facility will expand into India, China and Canada following the merger with Prime Focus World, which is expected to close next week.
The Double Negative brand remains and CEO Matt Holben and MD Alex Hope remain in place as head of the facility as well as taking up positions on the Prime Focus board.
“We’ll be opening a Dneg office in Vancouver and looking to work with Pfw’s existing team in Mumbai and to bring that into the fold over a period of time,” Hope said
“Prime Focus World has focused on 2D to 3D conversion and we will look to grow that business with an integrated visual effects and conversion offer.”
He confirmed Pfw’s investment in Dneg. “We’ve commanded significant valuation which has allowed us to ensure the level of control that we...
Alex Hope, Managing Director of Double Negative says the facility will expand into India, China and Canada following the merger with Prime Focus World, which is expected to close next week.
The Double Negative brand remains and CEO Matt Holben and MD Alex Hope remain in place as head of the facility as well as taking up positions on the Prime Focus board.
“We’ll be opening a Dneg office in Vancouver and looking to work with Pfw’s existing team in Mumbai and to bring that into the fold over a period of time,” Hope said
“Prime Focus World has focused on 2D to 3D conversion and we will look to grow that business with an integrated visual effects and conversion offer.”
He confirmed Pfw’s investment in Dneg. “We’ve commanded significant valuation which has allowed us to ensure the level of control that we...
- 6/26/2014
- ScreenDaily
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