Pro-Bel and Snell & Wilcox merger
March 11, 2009
Pro-Bel and Snell & Wilcox have announced the merger of their businesses, and the creation of a new joint company. The deal, which combines the strengths of two market leading innovators in the broadcast technology industry, creates a formidable competitor in the digital media sector. The combined company has two thousand active customers in more than 100 countries.
AmberFin has confirmed its separation from parent company Snell & Wilcox, following the successful merger of Snell & Wilcox with Pro-Bel. AmberFin remains under the ownership of Advent Venture Partners as an independent entity. The company focus and core business model remains unchanged – to develop and advance its iCR software and aggressively grow its market share within the film and broadcast markets. AmberFin was launched from the Snell & Wilcox Group in April 2008.