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  1. #1
    Super Member Qexit's Avatar
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    Vizrt acquires NewTek

    I know this has already been posted in the Tricaster section but thought I'd mention it here as well so everyone knows about it:

    https://www.newscaststudio.com/2019/...sition-newtek/

    https://www.vizrt.com/broadcasting/n...cquires-newtek

    Although today is April 1st, the final line in the article in the second link states:

    'Both companies will be presenting to customers, partners, and press at NAB on Sunday 7th April in the Las Vegas Convention Center North Hall. Executives from both companies will be included in order to give further details on the acquisition. '

    This does suggest it is a genuine announcement and that full details should come out at the NAB presentation on Sunday 7th April. Lightwave isn't mentioned in either piece so hopefully some mention of it will be part of the presentation at NAB.

    ************************************************** **********
    Edit: for the convenience of anyone coming new to the thread, here is the response from NewTek Sr Mgr of Communications, Chuck Baker:

    The most immediate change all users of nearly all NewTek products can expect (and LightWave is one of the nearly all) is that our development and marketing of NewTek products (including LightWave 3D) is not changed by this. As some industry analysts have commented, VizRT and NewTek are essentially complementary companies, and putting them together creates virtually no redundancies. What results is a company with a much wider range across the media and content production industries, in terms of both reach and product range. This also brings together two companies known for innovating software solutions for media and content production and distribution, particularly in areas where big proprietary single-purpose hardware was formerly the solution. Our goal for LightWave remains to increase the success of the product through thoughtful strategic innovation and development.

    And please note: "nearly all" may really just be all. I only used the qualifier, because this is entirely new and I have no idea what to anticipate and just don't want to overstate the case if there may be some degree of changes going forward. But whether it turns out to be all or just nearly all, LightWave is in that column.


    Posted here in message 66: https://forums.newtek.com/showthread...=1#post1568368
    Last edited by Chuck; 04-03-2019 at 03:13 PM.
    Kevin F Stubbs

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