Creative technology company Artlist announced on Wednesday the acquisition of FXhome, a leading developer in the video and image software industry.
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Founded in 2001, FXhome is a software and visual effects developer for the new generation of content creators. The company has developed the market-leading editing and VFX software HitFilm, as well as a real-time mobile virtual studio iOS app featured on the recent Apple Keynote, image editing and green screen programs.
From its founding in 2016 as a music licensing company, Artlist has continuously worked to expand its services to over 820,000 digital assets, launching the stock footage site Artgrid in spring 2019, releasing a vast catalog of high-quality sound effects at the beginning of 2020 and acquiring digital assets marketplace Motion Array at the end of 2020.
"FXhome's addition helps position Artlist alongside companies like Adobe by providing a 360 video creation solution that includes both editing tools and assets," said Artlist co-founder and co-CEO, Ira Belsky. "From now on, creators of all levels will find at Artlist everything they need to create amazing content, from innovative editing tools to the best digital assets."
"Artlist and FXhome will build the best tools for the next generation of content creators," said Josh Davies, כounder of FXhome. "By joining forces, we'll enable millions of new creatives to have a voice and tell their story using the best content and software imaginable. For 20 years, that has been the FXhome dream, and I can't wait to make it a reality with our friends at Artlist!"