EditShare Sells Lightworks and QScan to LWKS Software

EditShare transferred Lightworks, QScan and their development teams to technology partner LWKS Software, with new versions planned for November 2020.

Archive republication: This article was originally published on 21 October 2020. It has been translated into English and lightly updated for clarity while preserving the original reporting and context.

LWKS Software

EditShare sold Lightworks and QScan to LWKS Software. Employees who had worked on the products at EditShare also moved to the new company, with new versions of both applications expected in November 2020.

The sale allowed EditShare to concentrate more heavily on collaborative editing and cloud computing.

Outlook

Peter Lambert, CEO of LWKS Software, said the transfer was good news for users because it secured continued development of both products. Long-time Martin Scorsese editor Thelma Schoonmaker also welcomed the continuing support for Lightworks.