PRASAD Corp expands into Europe through OMNIMAGO acquisit...

Prasad Corporation, one of the largest integrated digitalization services providers globally, with over six decades of experience in media production and preservation, is pleased to announce the acquisition of OMNIMAGO GmbH, Germany's foremost media post-production company.

The acquisition, effective 01 October 2023, demonstrates Prasad's long-standing commitment to preserving cinematic and national archival treasures across the globe through the provision of holistic digital transformation solutions.

Through OMNIMAGO, Prasad expands its global footprint and strengthens its position in the European market, benefitting from OMNIMAGO's expertise and a 40-year legacy of delivering exceptional media services to some of Europe's major film archive, television and post production companies.

The acquisition preserves OMNIMAGO's existing Ingelheim-based business in Germany, whilst enabling the expansion of digitalization projects across Europe. OMNIMAGO's customers will continue to receive the same exceptional service they have grown accustomed to.

Saiprasad, Director - Prasad Corp., stated: This acquisition signifies the culmination of a long-standing relationship between the two entities and marks a new era of collaboration, setting precedents for excellence, integrity and customer satisfaction.

OMNIMAGO's expertise enriches Prasad's services and gives all of our customers access to a wider and an unparalleled array of services. The acquisition not only preserves OMNIMAGO's rich legacy but also propels both companies into an exciting future where tradition meets innovation.

Peter Fries, Managing Director - OMNIMAGO GmbH, stated: For over four decades, OMNIMAGO has been a torchbearer of preservation expertise. As part of the Prasad group, the OMNIMAGO brand will thrive, and customers can continue to expect the same exceptional service they have grown accustomed to.

By blending our legacy with Prasad s cutting-edge technology, we are not just preserving archives - we are preserving heritage.

LINK:	https://kitplus.com/news/prasad-corp-expands-into-europe-through-omnim...
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