The Foundry Has Been Sold.

…but not to Adobe, as the rumor mill had brought to a boil, but to “HgCapital”, an investment company.

Archive notice: This article was originally published on May 22, 2015. Links and embedded videos are preserved as part of the historical record.

The Foundry – that is, the owners of Nuke, Mari, Modo, Katana and a few other things – have received an enormous injection of capital, from HgCapita. Under the agreement, the majority ownership passes from the “Carlyle Group” to HGCapital for 312 miillion US dollars. They invest heavily in the software sector – see the HGCapital.com homepage.

Bill Collis, CEO of The Foundry. “With this deal, we remain one of the few independent companies solely focused on creative industries. This lets us pursue our best-in-class strategy, prioritizing research and innovation; and teaming with other companies to create powerful collective solutions.” So far, it seems as though not much will change at The Foundry – according to the investors, the mangement team will remain completely intact.

If we hear anything, we’ll keep you up to date.

 

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