Prime Focus to acquire ‘Spirit DI’

MUMBAI: Prime Focus Ltd is in advanced stage of talks with Hyderabad based Suresh Productions Pvt Ltd, for the buyout and takeover of its post production arm branded ‘Spirit DI’.

This is a part of the company’s domestic expansion plan outlined in the IP0 completed in June last year.

The move is aimed at providing quality post production services to the Telugu film industry, which has a significant number of movies now involving and budgeting for Visual effects (VFX) and Digital Intermediate (DI).

Prime Focus has also commissioned its Chennai facility catering to the Tamil film industry in September 2006.

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