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Digital Vision, makers of Nucoda, acquired by management team

Twenty-six-year-old industry staple Digital Vision, which makes the popular Nucoda color grading suite along with restoration and film scanning solutions, has been acquired by its management team — Kelvin Bolah, Greg Holland and Claes Westerlund.

Nucoda

Nucoda

Digital Vision says the acquisition, from Swedish company Image Systems for 6.1 million in Swedish currency, will provide significant funding for future investment in R&D.

Bolah will become CEO, while Holland takes the role of worldwide VP of sales, and Westerlund becomes worldwide VP of operations. As part of the acquisition, the entire Digital Vision team will remain with the new company, as will all of the company’s offices in London, Los Angeles, Melbourne, New York and Sweden.

“Digital Vision’s staff, customers and partners were of the utmost importance in this acquisition and our main reason for the management buy-out,” says Bolah. “Having worked with them for many years and seeing their passion, expertise and the amazing projects they produce, we knew we had to keep the Digital Vision brand alive. With the investment that the company now has we will be able to accelerate the R&D and engineering to deliver our award-winning products in a timely fashion to a global customer base.”

Digital Vision’s current product range includes the Golden Eye 4 archive scanner; the Bifrost Archive Bridge, a scalable solution suitable for archives of any size; the Nucoda color grading suite;  Phoenix film restoration software; and Thor hardware designed for realtime 4K image processing.


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