(Amsterdam IBC, Netherlands--September 9, 2012) Award winning, multi-national company Prasad Corporation based in India, with offices in Mumbai, Chennai, Los Angeles and London, are proud to announce the acquisition of the “Scanity & Flexxity" product manufacturing company Precision Mechatronics GmbH based in Weiterstadt - Germany and its sister Sales & Marketing subsidiary DFT Munich GmbH.
Precision Mechatronics and DFT Munich will be merged into a new company called Digital Film Technologies GmbH who will continue with Research and Development; new equipment manufacturing, sales and on-going Service support for its large installed client base of legacy products and new sales. Prasad Corporation recognizes that these are challenging times for traditional film use and production and are committed to support Digital Film Technologies GmbH in meeting these new challenges.
Prasad Corporation’s UK Regional Director Simon Carter commented that the general market trend of traditional new film scanning was changing and becoming more about historical ingest; restoration and archive management. Scanity is a real-time 2K and 4K capstan driven ingest scanner more than capable of meeting these evolving and demanding Archival Market conditions. “With our new business model we can supply and continue the development both the Scanity and a range of Flexxity products to facilitate the best possible solutions for this emerging archive market,” said Carter.
As part of this new business development Prasad Corporation will be retaining a significantnumber of Precision Mechatronics original management team and operational staff, including its service operation in the USA, UK and India so that it can continue to provide the same excellent level customer support going forward. Stefan Kramper will be the operational Managing Director within the new company structure, working closely with the both the existing management team and the new owners, Prasad Corporation.
We are looking forward to reaching out to our existing and new potential customers over the coming weeks and months ahead; any enquires should be emailed to the following:
About Prasad Corporation
Prasad Corporation a member of the Prasad Group of Companies which has been providing film processing, post production and out sourcing services to the global market for well over 55 years and has constantly strived to provide the highest quality solutions for an ever changing market in the Media & Entertainment Industry.