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Prime Focus Technologies Completes Acquisition of DAX

Prime Focus Technologies

MUMBAI and LOS ANGELES, Calif., April 7, 2014 (SEND2PRESS NEWSWIRE) — Prime Focus Technologies (PFT), the technology subsidiary of Prime Focus (BSE code: 532748) today announced that it has completed the acquisition of DAX, a leading provider of cloud-based production workflow and media asset management applications to the entertainment industry.

Prime Focus Technologies to acquire DAX

Prime Focus Technologies

MUMBAI and LOS ANGELES, Calif., March 11, 2014 (SEND2PRESS NEWSWIRE) — Prime Focus Technologies (PFT), the technology subsidiary of Prime Focus (BSE code: 532748) today announced that it has signed a definitive agreement to acquire DAX, a leading provider of cloud-based production workflow and media asset management applications to the entertainment industry for a base consideration of US$ 9.1 million in a uniquely structured performance linked transaction.