Mon, May 28, 2012, 8:37 PM EDT - U.S. Markets closed for Memorial Day

TECHNICOLOR Acquires the Activities of Digital Post-production Specialist Duboi

The purchase completes the takeover of several Quinta group activities as announced January 20, 2012

RELATED QUOTES

SymbolPriceChange
TCH.PA1.520.12

PARIS--(Marketwire -02/03/12)- Following the Jan. 20, 2012 ruling by the Tribunal de Commerce in Nanterre, France, Technicolor (Paris: TCH.PA - News) today announced its acquisition of the activities and skills in visual post-production, color and colorization of the French company Duboi.

The transaction, which covers 12 employees, completes the purchase of the post-production and digital conversion activities of the Quinta Industries group. As described in a press release dated January 20, 2012, the operation includes the acquisition of the activities of ADJ (Auditoriums de Joinville), SIS (Société Industrielle de Sonorisation) and ScanLab. These operations involve a total transfer to 54 employees, including skills and experts highly-esteemed within the film industry.

About Technicolor

Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters and homes. Euronext Paris: TCH  www.technicolor.com


Communiqué de presse Technicolor acquiert Duboi: http://hugin.info/143597/R/1582474/494397.pdf


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: TECHNICOLOR via Thomson Reuters ONE

[HUG#1582474]

Contact:
Press relations:
Caroline Ponsi
+33 1 41 86 61 11 / 06 07 90 25 59
Email Contact
Thibault Peulen
+33 1 41 86 56 24 / 06 70 86 77 48
Email Contact
Investors relations:
+33 1 41 86 55 95
Email Contact

 

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