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Las Vegas – Digital 3D production technology developer
3ality Digital announced on Tuesday that Clearlake Capital Group has acquired a
majority of the company’s voting shares.

Financial terms of the transaction
were not disclosed.

Burbank, Calif.-based 3ality Digital provides the film and
TV industries with camera platforms and other 3D equipment, and has worked on
projects including rock band U2’s "U2 3D" concert film.

"Clearlake
Capital is investing in the biggest revolution in entertainment and sports
production today — the emergence of 3D film and video programming, and we are
thrilled to welcome them at this exciting time," said Steve Schklair, founder
of 3ality Digital, who will continue to serve as the company’s CEO.

 

Related Links:
http://www.businesswire.com/news/home/20110412005799/en

http://www.3alitydigital.com

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