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Canopus to be acquired by Thomson/Grass Valley?

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  • Canopus to be acquired by Thomson/Grass Valley?





    Thomson Buys 33 1/3% Stake in HD Video Editing Leader Canopus, Intends to Launch Public Tender Offer to Acquire Remaining Shares

    Adds Critical Video Editing to Grass Valley ProAV and Broadcast Portfolio — Key Revenue Growth Boosters for Thomson

    Paris/Tokyo, December 5, 2005 — Thomson (Euronext Paris: 18453; NYSE: TMS) today announced that it has signed an agreement to acquire 33 1/3% of the issued and outstanding shares of Canopus Co., Ltd, a Japan-based leader in high-definition desktop video editing software, through a private transaction with Chairman and CEO, Hiroshi Yamada, and members of his immediate family. Thomson also disclosed today that it will launch a public tender offer for the remaining Canopus shares on Tuesday, December 6, 2005.
    Dr. Mordrid
    Dr. Mordrid
    ----------------------------
    An elephant is a mouse built to government specifications.

    I carry a gun because I can't throw a rock 1,250 fps

  • #2
    intersting... didn't see that comin!!

    I can't tell whether it's going to be good or bad but generally mergers just means lays offs and redevelopement of products, so Canops Edius may not end up called Edius etc.

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    • #3
      Bruffff!!!!

      Pinnacle- OUT
      Canopus-OUT?
      Macromedia-OUT
      PowerPC on Apple Computers-OUT
      How many CPUs have X-BOX 360?-THREE
      Where I can buy this CPU and Motherboard for editing-NOWHERE

      A lot of changes for my little head.

      FAST, MIRO, where are you?

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      • #4
        It's going fast. In a few years only a few giants will be left. I sure hope it'll improve compatibility regarding the various formats.
        -Off the beaten path I reign-

        At Home:

        Asus P4P800-E Deluxe / P4-E 3.0Ghz
        2 GB PC3200 DDR RAM
        Matrox Parhelia 128
        Terratec Cynergy 600 TV/Radio
        Maxtor 80GB OS and Apps
        Maxtor 300 GB for video
        Plextor PX-755a DVD-R/W DL
        Win XP Pro

        At work:
        Avid Newscutter Adrenaline.
        Avid Unity Media Network.

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