Smith Micro acquires Poser, Anime Studio, Manga Studio
Posted by Dennis Sellers 
Nov 15, 2007 at 1:13pm
Smith Micro will add the e frontier 3D graphic and animation solutions, Poser, Anime Studio and Manga Studio to its lineup of consumer-focused products.
Smith Micro will acquire ownership and distribution rights of certain e frontier assets for US$6 million in cash and anticipates the deal to be immediately accretive upon close of transaction, expected in the fourth quarter of 2007. e frontier had total revenues in excess of $7 million for their fiscal year ending March 2007.
“The rapid advancement of technology has made computer animation and 3D modeling available to everyone and the animation industry is one of the hottest growth segments within the consumer marketplace,” William W. Smith, Jr., President and CEO of Smith Micro Software, says in a press announcement. “We are excited to significantly broaden our consumer portfolio with the addition of Poser, Manga Studio and Anime Studio. These popular products not only compliment our current multimedia offerings, but positions Smith Micro as a leading player in this space.”
As a part of this transaction Smith Micro also acquired all the rights for the Aquazone product line. This includes the new Aquazone Mobile Edition that’s available exclusively in Japan to NTT DoCoMo and Softbank mobile subscribers.
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
dave Says:
Why did they do this? They totally screwed the pooch with FaxSTF, consistently taking a long time to fix bugs and make it compatible with the latest version of MacOS X. I expect the same to happen with these products under their wing.
Posted on November 15, 2007