SAN FRANCISCO, Jan. 19, 2022 /PRNewswire/ -- Today Autodesk
(NASDAQ: ADSK) announced the acquisition of Moxion, the
New Zealand-based developer of a
powerful, cloud-based platform for digital dailies used by leading
filmmakers on some of the world's most complex and challenging
productions, including "The Midnight Sky," "The Marvelous Mrs.
Maisel," and "The Matrix Resurrections." The acquisition of
Moxion's talent and technology will expand Autodesk's own cloud
platform for Media and Entertainment upstream, moving beyond
post-production into production, bringing new users to Autodesk
while helping better integrate processes across the entire content
production chain.
Moxion's talent and technology will expand Autodesk's own cloud
platform beyond post-production into production.
Founded In 2015, Moxion has rapidly become a leading cloud
technology player in the M&E industry, winning accolades that
include an Engineering Excellence Award from the Hollywood
Professional Association (HPA), a Workflow Systems Medal from the
Society of Motion Picture and Television Engineers (SMPTE), and a
Lumiere Award from the Advanced Imaging Society.
Moxion established itself as a leader in secure digital dailies
workflows. The company enables professionals to collaborate and
review camera footage on-set and remotely with the efficiency and
immediacy required to make creative decisions during principal
photography in 4K high dynamic range
(HDR) quality and with studio-grade security, reducing rework. Data
protection is paramount at Moxion, ensuring security with features
like MPAA compliance, multi-factor authentication, visible and
invisible forensic watermarking and full digital rights
management.
"As the content demand continues to boom with pressure on
creators to do more for less, this acquisition helps us facilitate
broader collaboration and communication, and drive greater
efficiencies in the production process, saving time and money,"
said Diana Colella, SVP Media &
Entertainment, Autodesk. "Moxion accelerates our vision for
production in the cloud, building on our recent acquisition of
Tangent Labs."
"We look forward to combining the efforts of our talented team
with the deep resources and wealth of engineering talent at
Autodesk to give customers new Moxion features and integrations,"
said Hugh Calveley, CEO, Moxion.
"Bringing together industry leading on-set and post-production
workflows will help unite data and increase collaboration across
the production process to improve project efficiency."
Aaron Morton, a cinematographer
who has worked on projects including "Orphan Black," "Black
Mirror," "American Gods," and Amazon's new "The Lord of the Rings"
series used Moxion for several projects.
"It's never fun when decisions are being formed about your work
if the dailies aren't the way you wanted them to look," said
Morton, NZCS. "With Moxion, it's what I see on the set, and the
decisions I make with the dailies colorist always play out so that
production people and producers are seeing what I want them to see.
The images are very true to what we see while we're shooting."
The Moxion acquisition expands Autodesk's customer base
upstream, moving beyond post-production to on-set production, a
critical point in the film and television production process. This
is when the bulk of raw production data is generated, and creative
decisions are made that have significant impact downstream during
post-production.
The transaction closed during Autodesk's fourth quarter of
fiscal 2022, ending January 31, 2022,
and will have no material impact on Autodesk's fourth quarter and
fiscal year 2022 guidance presented on November 23, 2021.
About Autodesk
Autodesk is changing how the
world is designed and made. Our technology spans architecture,
engineering, construction, product design, manufacturing, media and
entertainment, empowering innovators everywhere to solve challenges
big and small. From greener buildings to smarter products to more
mesmerizing blockbusters, Autodesk software helps our customers to
design and make a better world for all. For more information
visit autodesk.com or follow @autodesk.
Safe Harbor Statement:
This press release contains forward-looking statements that involve
risks and uncertainties, including statements regarding the
expected benefits of the acquisition of Moxion and the impact of
the transaction on Autodesk's and Moxion's products and services
capabilities, customers, and partners. There are a significant
number of factors that could cause actual results to differ
materially from statements made in this press release, including:
difficulties encountered in integrating the business, technologies,
personnel and operations; costs related to the acquisition; market
acceptance of the acquisition and resulting products and
services.
Further information on potential factors that could affect the
financial results of Autodesk are included in Autodesk's Form 10-K
and subsequent Forms 10-Q, which are on file with the U.S.
Securities and Exchange Commission. Autodesk disclaims any
obligation to update the forward-looking statements provided to
reflect events that occur or circumstances that exist after the
date on which they were made.
© 2022 Autodesk, Inc. All rights reserved.
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SOURCE Autodesk, Inc.