DGAP-News: Nemetschek SE / Key word(s): Takeover
Nemetschek Group strengthens competence in market for 3D content creation and rendering
- Nemetschek brand Maxon acquires market leading rendering technology provider Redshift Rendering Technologies
- Redshift brings cutting-edge rendering technology and expertise to Maxon
- Combination of Cinema 4D and Redshift brings unprecedented efficiency and reliability to 3D content creation saving time and money for customers
Munich, April 9, 2019 - The Nemetschek Group, one of the largest software providers for the Architecture, Engineering and Construction (AEC) industry, today announced that its subsidiary Maxon Computer GmbH acquired Redshift Rendering Technologies, Inc.
Based in Newport Beach, California, Redshift is the developer of the Redshift rendering engine which is a powerful and flexible GPU-accelerated renderer, built to meet the specific demands of contemporary high-end production rendering. Tailored to support creative individuals and studios of every size, Redshift offers an extensive suite of features that make rendering large or complicated 3D projects remarkably faster than traditional rendering solutions. Redshift is already available as plugin for Maxon's award-winning Cinema 4D and other industry-standard 3D applications.
"Rendering can be the most time consuming and demanding aspect of 3D content creation," said David McGavran, CEO of Maxon. "Redshift's speed and efficiency combined with Cinema 4D's responsive workflow make it a perfect match for our solution portfolio. The combination of Cinema 4D and Redshift will bring an unprecedented accessibility, efficiency and reliability to 3D production and will save time and money for artists."
"Following the acquisition of the remaining 30% in Maxon and the establishment of a new leadership in July 2018, this acquisition is the next important step to fully capture the great growth potential for Maxon in the Media & Entertainment industry and Nemetschek's core markets in the AEC industry. The framework conditions for considerable growth are extremely promising, with anticipated volumes of approx. EUR 1 billion in the Media & Entertainment market, which we will exploit," said Patrik Heider, Spokesman and CFOO of the Nemetschek Group.
About Redshift Rendering Technologies
|Phone:||+49 (0)89 540459-0|
|Fax:||+49 (0)89 540459-444|
|Listed:||Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||797135|
|End of News||DGAP News Service|