Q: What is Red Giant acquiring?
A: We have acquired the audio synchronization products and related intellectual property of Singular Software. This includes:
• PluralEyes for automated syncing of audio tracks and multi-camera video.
• DualEyes for audio replacement for DSLR users.
• CloudEyes, a set of audio/video synchronization services for developers.
• Singular Software Presto, a quick, easy way to create professional quality videos of presentations.
• All intellectual property for the related technology.
Q: Why did Red Giant acquire Singular Software products?
A: We feel this partnership is a perfect fit for two companies with a similar vision and culture. Singular Software products are an exciting opportunity for Red Giant customers who want professional syncing for their audio and video. And Singular Software technology is an important part of Red Giant’s plans for new filmmaking and workflow products.
Q: What will happen to new product development, like PluralEyes 3.0?
A: All development for Singular Software products will continue full-steam. PluralEyes 3.0 for Mac is scheduled for release in Summer 2012, and PluralEyes 3.0 for Windows will follow soon after.
Q: What will happen to Singular Software?
A: Red Giant has acquired the products of Singular Software but not the company itself. The entire Singular Software team is partnering with Red Giant, which keeps an important continuity in engineering and support. We’re excited. They’re excited. SingularSoftware.com will remain online while we work together on the transition.
Q: When will Singular Software products appear on RG.com?
A: We will integrate the Singular Software portfolio into the Red Giant family of products over the next couple of months. You will see Singular Software products on RedGiant.com by Fall 2012.
Q: How do I buy the Singular Software products right now?
A: Go to SingularSoftware.com to buy PluralEyes and other Singular Software products. Pricing and product offerings will remain unchanged during the transition, and pricing for PluralEyes 3.0 will be announced on release.
Q: Who do I contact for customer service and technical support?
A: You can contact the Singular Software team at email@example.com. For the next couple of months, Singular Software products will continue to be sold and supported through SingularSoftware.com. In Q3 2012, Red Giant will move all sales, customer service and technical support to RedGiant.com.
Q: Where can I read the financial details?
A: Because this acquisition is between two private companies, we will not disclose financial information.