IMAX acquires SSIMWAVE in US$21 million deal
IMAX Corporation has announced the acquisition of video quality solutions provider SSIMWAVE. IMAX has paid US$18.5 million in cash and US$2.5 million in stock with additional earnout consideration of US$4 million, subject to achieving certain operating performance and financial objectives. The acquisition is expected to close in 2023. IMAX said that the acquisition represents a […]