The amount of the deal was not disclosed.
This acquisition enables Cospective and ftrack to work closely in the pursuit of faster workflows. Together, the companies will bring new innovations to market, strengthen the review capabilities of the ftrack ecosystem, and capitalize on the technology Cospective has built over the past 14 years.
Cospective will remain based in Adelaide, Australia and will continue to develop and support cineSync and Frankie, including maintenance of integrations with third-party software vendors.
In the short term, this acquisition will enable Cospective to offer 24-hour product support via the global ftrack organization. In the longer-term, the acquisition will supply Cospective with additional resources to further develop features and workflow solutions with a focus on media review and approval. For ftrack, access to the cineSync team will drive new technologies and innovation and strengthen the review capabilities within the ftrack product suite.
Cospective will remain based in Adelaide, Australia and will continue to develop and support cineSync and Frankie, including maintenance of integrations with third-party software vendors.
In the short term, this acquisition will enable the company to offer 24-hour product support via the global ftrack organization. In the longer-term, the acquisition will supply Cospective with additional resources to further develop features and workflow solutions with a focus on media review and approval. For ftrack, access to the cineSync team will drive new technologies and innovation and strengthen the review capabilities within the ftrack product suite.
Led by Fredrik Limsäter, CEO, ftrack is the project management, production tracking and media review platform that teams in the creative industries use to collaborate.
Led by Rory McGregor, CEO, Cospective develops cineSync and Frankie – visual communication tools for synchronized review of creative projects.
The company provides a synchronized media review solution for film studios, TV networks and VFX houses, including Disney, Warner Bros, Paramount, 20th Century Fox, Sony, Netflix, and HBO. cineSync’s media review platform has been used on projects such as Game of Thrones, Interstellar, The Walking Dead, the Fast and the Furious films, multiple Bond films, and every entry into the Marvel Cinematic Universe.
FinSMEs
07/11/2019