Following an agreement between Deluxe Australia and Omnilab Media, Deluxe Australia
will acquire Iloura, Digital Pictures, Cornerpost, Flagstaff, Boffswana and PAX Entertainment.
|The acquisition, comprising Omnilab’s Creative and Media Services businesses, will effectively expand the services Deluxe can offer, to include visual effects, design and broadcast post production services in Sydney and Melbourne, life-cycle library management, digital asset management, file-based mastering, archiving, DVD and Blu-ray authoring.|
|Over the last few years, Deluxe has been making efforts to increase the scope of its services internationally, to cover digital services and content delivery. The company’s pipeline now includes visual effects for features, broadcast programming and commercials, 2D and 3D post production work including 2D to 3D conversion for film or digital capture, digital intermediates, theatrical release across digital cinema, satellite and 35mm, and home entertainment services for all digital media platforms.|
Omnilab Media will retain Ambience Entertainment, The Playroom, DubSat, Adsend, The Substation and Oktobor Animation which will continue to operate separately from those businesses being acquired by Deluxe. Additionally, Omnilab Media will continue producing feature and broadcast content, and plans to continue its working relationship with Deluxe Australia on these projects.
The transaction is subject to customary closing conditions and is expected to close by the end of August 2012. www.bydeluxe.com www.omnilab.com.au