EditShare Divests Lightworks and QScan Product Lines
Thu 17, 09 2020
Company to focus resources on strengthening position with open collaborative platforms and cloud innovation
EditShare®, a technology leader that specializes in collaboration, security, and intelligent storage solutions for media creation and management, today announced the sale of its Lightworks non-linear editor and QScan quality assurance assets to technology partner, Lwks Software Ltd. The transaction includes the Lightworks and QScan products and associated personnel.
“EditShare’s mission is to develop open platforms that facilitate collaborative editing and media management workflows on-premise and in the cloud. This transaction allows us to sharpen our focus on our storage and media management solutions while maintaining a commitment to openness in support of many technology and vendor touch points across the content supply chain. It also allows us to focus on virtualizing and innovating this connected media ecosystem in the cloud, which is critical for our customers in today’s climate,” states Conrad Clemson, CEO, EditShare. “We are pleased to execute this transaction with Lwks Software. Their focus on the NLE market aligns very nicely with the assets they are purchasing from EditShare.”
EditShare’s long-standing relationship with the new Lwks team supports close collaboration providing customers the continued exceptional experience they expect.
The EditShare-Lwks Software Ltd. transaction is effective 9am BST today. Terms will not be disclosed.
EditShare is a technology leader in networked shared storage and smart workflow solutions for the production, post-production, new media, sports, and education markets. Whether you need on-prem, cloud, or hybrid solutions, our products improve efficiency and workflow collaboration every step of the way. They include media optimized high-performance shared storage, archiving and backup software, a suite of media management tools and a robust set of open APIs that enable integration throughout the workflow. Customer and partner success are at the heart of EditShare’s core values ensuring a world-class experience that is second to none.
Based on your recent activity and preferences we recommend the following pieces of content
We’ve worked with customers on cloud-native applications since 2006 and that approach is used in our own product development. “What should we talk about next month on ...
By Sarah Cook, Director of Marketing, Caringo yesterday
In this IABM TV interview, Roland Sars (CEO, Media Distillery) discusses Media Distillery’s main product offerings and how customers are using video intelligence...
We catch up with Paul Glasgow, Managing Director at Marquis Broadcast to find out their integration services, how Covid19 has affected the company, how they have manag...
IABM6 days ago
Tiger Technology’s CTO Alexander Lefterov, Executive VP Lance Kelson & Nick Warburton, Brand Director Global Distribution.Join Tiger Technology’s CTO Alexander Lef...
IABM29 days ago
Join Global & Tiger Technology to see how Space & Spaces MAM be used with any NAS device or Tiger Store environment to help drive workflow efficiencies, by pro...
IABM29 days ago
We speak to EditShare’s CTO Stephen Tallamy about the challenges their customers have faced during the recent pandemic and how EdidShare have helped them to solv...
IABM31 days ago
In this webinar, Sr. Systems Engineer & Product Specialist Steve Higdon explores the simple and practical remote workflow solutions built into your EVO shared sto...
Webinar from Studio Network Solutions31 days ago
As a full-service production company, Mindfile Multimedia offers creative video production, motion graphics, and church livestream services to their diverse and loyal ...
Case Study from Studio Network Solutions31 days ago