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Kortrijk, Belgium—Jun 10, 2016

Barco Acquires Canadian, MTT Innovation Inc.

Barco, a global leader in professional visualization technology, today announced that it has acquired MTT Innovation Inc., based in Vancouver, Canada. MTT is a developer of next-generation projection technology with expertise in high dynamic range, applied imaging algorithms, advanced color science and specialized hardware development. 
“With this investment, we are augmenting our expertise in the field of High Dynamic Range technology. This underpins our long-term leadership in projection technology.” said Eric Van Zele, President and CEO at Barco. “MTT’s technology is still in a research phase and will need further de-risking and development over the years to come. We welcome MTT’s team to Barco and look forward to many years of successful collaboration as applications for high dynamic range & new illumination technologies spread to end markets such as Cinema, ProAV, simulation, automotive, and virtual reality.”

Commented Anders Ballestad, CEO of MTT Innovation, “We are pleased to join Barco, a well-respected global leader in visualization technology known for its entrepreneurial spirit, with whom we share the common goal of bringing the best image quality to audiences around the world. We look forward to working together with the Barco team on this mission. 
About MTT Innovation Inc.
MTT Innovation Inc. is a technology company based in Vancouver, Canada that develops next-generation projection technologies for use in entertainment markets such as cinema and home entertainment. 
Barco Contacts:

Camille Burch Camille Burch
Press and PR contact Americas
Barco n.v.
Telephone +1 678 584 2379

Stephanie Vlegels Stephanie Vlegels
Press and PR contact EMEA
Barco nv
Telephone +32 56 36 81 66

Vickie Yueh Vickie Yueh
Press and PR contact APAC & GRC
Barco nv
Telephone +886 2 8771 0228

Logo: Barco Digital Cinema About Barco Digital Cinema: Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop sight, sound, and sharing solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2016, we realized sales of 1.102 billion euro. We have a team of 3,500 employees, located in 90 countries, whose passion for technology is captured in 400 granted patents.

Barco is one of three licencees of Texas Instruments DLP Cinema™ technology. TI developed DLP Cinema™ technology working in close cooperation with Barco and others in the movie industry, to develop Cinema Projector and support systems based on DMD™ technology, to meet the requirement of studios, film distributors and exhibitors alike.
Barco Digital Cinema Directory page Barco Digital Cinema Web Site
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