PRODUCT NEWS
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| Barco invests in brighter future with acquisition of MTT Innovation
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| 10 Jun 2016 . BY Alice Davis |
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| MTT Innovation demos its Limelight HDR Projector at SIGGRAPH 2015 / via SIGGRAPH |
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Global visualisation technology firm Barco has acquired a Canada-based imaging company that specialises in high-dynamic-range (HDR) imaging, advanced colour science and human perception.
MTT, which was established in 2012 and holds over 25 patents, says its “aim is to develop tomorrow's wow imaging-technologies”. The company also works in the VR/AR field and develops hardware.
At last year’s SIGGRAPH in Los Angeles, MTT Innovation demoed its high luminosity, high-dynamic-range Limelight projector – a prototype of up to 25 times the brightness of a standard projector, thanks to its light-steering engine.
“With this investment, we are augmenting our expertise in the field of high-dynamic-range technology,” said Eric Van Zele, president and CEO at Barco. “This underpins our long-term leadership in projection technology.”
“MTT’s technology is still in a research phase and will need further de-risking and development over the years to come. We welcome MTT’s team to Barco and look forward to many years of successful collaboration as applications for high dynamic range and new illumination technologies spread to end markets such as cinema, ProAV, simulation, automotive and virtual reality.”
Anders Ballestad, CEO of MTT Innovation, added: “We are pleased to join Barco, a well-respected global leader in visualisation technology known for its entrepreneurial spirit, with whom we share the common goal of bringing the best image quality to audiences around the world. We look forward to working together with the Barco team on this mission.”
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