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Industry Summary Articles

Thursday, February 20, 2020

Nemetschek: Maxon and Red Giant Merger Completed

Maxon, the developers of professional 3D software solutions and Red Giant, creators of unique tools for editors, VFX artists, and motion designers, are pleased to announce the completion of all financial and regulatory agreements required to complete their merger. Additionally, key appointments in executive leadership have been revealed.

“After months of planning and hard work, we’re proud to announce the merger of our two companies is officially completed,” stated David McGavran, CEO. “We are excited to begin our partnership with Red Giant which shares with us a great tradition of outstanding products, innovation and superior customer experience. Our newly formed and seasoned executive team is thrilled to start integrating the talented teams and processes of both companies.” 

The new executive team includes leaders from both Maxon and Red Giant, making this a true fusion of the two companies. Together they are expected to bring remarkable synergies across all areas that will result in greater reach, product innovation and customer service. Also, later this year Enrique Glas, who currently serves as Vice President Corporate Finance and Controlling with Nemetschek, will be joining the executive team to bring best of class leadership to the finance department. 

To view the original press release, please click here.

Search for Nemetschek on CIMdata.com

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