Avid Acquires NXN

Jan 27, 2004


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Avid Technology, Inc. has acquired Munich-based NXN Software AG--a provider of asset and production management systems specifically targeted for the entertainment and computer graphics industries--in a cash transaction valued at approximately 35 million (EUR). The acquisition is expected to enable Avid's film and video postproduction, broadcast, and 3D animation customers to leverage the workflow capabilities of the NXN alienbrain product line. Gregor vom Scheidt, founder and CEO of NXN, will be staying on as a managing director for Avid.

NXN's products--NXN alienbrain VFX, NXN alienbrain Studio, and NXN alienbrain Engineer--extend Avid's current media asset management offerings with capabilities that include infrastructure, configuration, project, and workflow management, as well as version control. Designed to work with any file format associated with 3D models, textures, video, audio, source code and office documents, NXN systems enable users to manage assets throughout all phases of a digital project. A range of 3D, graphics, source code, and administrative applications support the alienbrain product family directly in the application menu. These include Alias Maya, Alias StudioTools, Discreet 3ds max, Adobe Photoshop, and Metrowerks CodeWarrior, as well as Microsoft PowerPoint, Excel, Word, Windows Explorer, and Visual Studio.  

(http://www.avid.com), (http://www.nxn-software.com)