Monday, November 17, 2008

Point.360 Acquires the Assets of Video Box Studios, Inc.

Point.360 , a leading provider of integrated media management services, announced that it had acquired the assets of Video Box Studios, Inc. Video Box is a premier provider of 3D animation, visual effects, motion design and digital finishing services. Haig S. Bagerdjian, the Company's Chairman, President and Chief Executive Officer said: "Video Box provides Point.360 with added capabilities to meet our customers' needs for 3D and visual effects. The widely respected Video Box team will be located in our West Los Angeles facility to expand our presence in that important market. We expect Video Box to add about $1.5 million in revenues in the first twelve months."

http://www.shootonline.com/go/index.php?name=Release&op=view&id=rs-web2-675889-1226371192-2