By Staff, December 1, 2008
DALSA has entered into a non-binding letter of intent (LOI), which includes a 30-day period of exclusive negotiations, with Arnold & Richter Cine Technik GmbH (ARRI), one of the world’s leading manufacturers of cinematography cameras.
Under the terms of the LOI, ARRI would acquire certain existing assets of the DALSA Digital Cinema division. Concurrently, DALSA and ARRI would enter into a technology partnership agreement whereby DALSA will develop for ARRI custom high-performance CCD image sensors and related products. Furthermore, DALSA would supply the developed products to ARRI for digital cinematography applications through DALSA’s core businesses. There is no assurance that any transactions will be completed.
Full Service Continues to DALSA Digital Cinema Clients
Related to the transaction contemplated between DALSA and ARRI, DALSA will endeavor to find a buyer for its Los Angeles-based camera rental operations. In the interim, the DALSA’s Los Angeles operations will continue to provide full service to all existing clients.
For any equipment questions, clients can continue to contact the DALSA Digital Cinema facility:
6160 Variel Ave.
Woodland Hills, CA 91367
Tel: 818-884-7000
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