Clearlake Capital Backs 3D Production Firm 3ality Digital
Phil Lelyveld
Entertainment Technology Center
[by Mark Hefflinger, DMW Media]
Digital 3D production technology developer 3ality Digital announced on Tuesday that Clearlake Capital Group has acquired a majority of the company’s voting shares.
Financial terms of the transaction were not disclosed.
Burbank, Calif.-based 3ality Digital provides the film and TV industries with camera platforms and other 3D equipment, and has worked on projects including rock band U2’s “U2 3D” concert film.
“Clearlake Capital is investing in the biggest revolution in entertainment and sports production today — the emergence of 3D film and video programming, and we are thrilled to welcome them at this exciting time,” said Steve Schklair, founder of 3ality Digital, who will continue to serve as the company’s CEO.
See the original post here: http://www.dmwmedia.com/news/2011/04/12/clearlake-capital-backs-3d-production-firm-3ality-digital
