Blackmagic Enters VFX Business With Acquisition of Eyeon

In recent years, the company also expanded into the camera and color-grading markets
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Blackmagic Design is stepping into the visual effects business. On Friday, it announced the acquisition of Eyeon Software. Both companies are privately owned and terms of the deal were not disclosed.

Eyeon is the maker of the Fusion compositing system, a well-known tool in VFX that has been used on recent tentpoles, including Maleficent, Edge of Tomorrow and The Amazing Spider-Man 2. According to Blackmagic, Fusion was also used by Douglas Trumbull on UFOTOG, his latest project made for his new MAGI system in 3D, 4K at 120 fps.

The acquisition is the latest step in some bullish growth from Blackmagic. Five years ago, the company entered the color-grading market with the acquisition of Da Vinci and its popular Resolve grading system. And two years ago, it made the surprise announcement that it was going into the camera-making business.

Eyeon employees, including founder Steve Roberts, will continue to develop Fusion out of Eyeon's Toronto headquarters.

Blackmagic also acknowledged ties between users of Fusion and Blackmagic's grading system, Resolve. While plans are not yet finalized, some sort of R&D to bring these tool sets together more closely could be expected.
Twitter: @CGinLA