New agreement to sell video processing technologies
United States, Feb. 4 -- Christie Digital Systems USA and Vista PHX, Corp., today announced an agreement in principle to sell the Christie Broadcast and Professional Video business to Vista PHX, Corp., a new corporation created by former Vista Systems owners and industry veterans, Clark Williams and Jeff Wilson. The transaction, expected to close by the end of February, would mark the return of some of the industry's most respected video processing technologies to the innovators who designed, built, and championed them.Continuing to operate in Phoenix, Arizona, newly formed Vista PHX, Corp., will acquire the Christie intellectual property and essential operational infrastructure for the Spyder, Terra, Phoenix, and Mastering Gateway product ...
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