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Blackmagic
Design Announces Acquisition of Teranex Systems Inc.
December 8, 2011 Source:
Blackmagic Design Blackmagic Design announced
its acquisition of Teranex Systems Inc. (www.teranex.com),
a leading manufacturer of high performance video processing products for the post
production and broadcast industries. Teranex, headquartered in Orlando, Florida,
is now a wholly owned subsidiary of Blackmagic Design. “Teranex
is a strategic acquisition for Blackmagic Design,” said Grant Petty, Blackmagic
Design CEO. “Its technology, solutions and market complement our own efforts
and its high quality video processing technology enables us to provide our customers
with even higher levels of video quality – extending Blackmagic Design’s
product range for the broadcast, feature film and high end post production markets.”
“This is an exciting milestone for our company,”
said Mike Poirier, General Manager of Teranex. “We are extremely happy to
be part of the Blackmagic Design team. Blackmagic Design’s global reach,
leading edge technologies, widely recognized brand name, strong systems and networking
expertise and worldwide customer relationships make it an ideal partner for Teranex.”
Teranex will continue to support its customers and expand
its sales channels with the added strength of the Blackmagic Design organization.
Teranex will also continue its long tradition of developing superlative video
processing platforms based on its patented SIMD architecture. About
Teranex Systems Inc. Teranex Systems Inc. is renowned
for its extremely high quality image processing that is dramatically higher than
virtually all other video processing products on the market today. The company’s
VC100 series of broadcast image processor products include options for extremely
high quality deinterlace, up conversion, down conversion, SD and HD cross conversion,
SD and HD standards conversion, automatic cadence detection and removal even with
edited content, noise reduction, adjustable scaling, aspect ratio conversion and
smart aspect ratio 4:3 to 16:9 conversion, all with full time code and multi channel
audio conversion. The company’s new 3D toolkit now adds 3D camera alignment,
3D dual channel conversions and new patent pending 3D simulation that is dramatically
better than other products available today. Teranex
Systems Inc. has a rich history of leading edge technology. In the early 1980s
Lockheed Martin undertook a major project to develop real time video processing
capability for the U.S. military – no mean feat with the electronics technology
of the time. Over a period of 15 years more than $100M was spent, 34 patents have
been granted and the project was completed successfully. The critical element
developed was a SIMD array processor designed specifically to execute sophisticated
algorithms in real time on digital video signals. In
1998 Teranex was set up as an independent company to develop commercial applications
for the technology. Subsequently Teranex has continued to develop the basic platform
and has also developed award winning products that provide key functionality such
as format and frame rate conversion, video noise reduction, film restoration and
pre/post compression conditioning. The Teranex
SIMD array processing technology delivers real time processing with reprogrammable
products, providing a future proof solution for the broadcast industry´s
changing needs. Teranex is headquartered in Orlando, FL, and is represented worldwide.
Email sales@teranex.com for a dealer near you.
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