30.01.2024 15:10:29 - dpa-AFX: Pixelworks, Disney Studios To Expand Reach Of TrueCut Motion Technology; Stock Up In Pre-Market
WASHINGTON (dpa-AFX) - Semiconductors manufacturer Pixelworks, Inc. (PXLW),
entered into a multi-year agreement with Disney Studios on Tuesday to expand the
reach of TrueCut Motion Technology.
The California-based company stated that its trademark technology would offer
filmmakers shot-by-shot motion grading tools along with new storytelling looks.
It would also help them in correcting various motion irregularities.
Following the announcement, Pixelworks' stock is trading at $1.87, up 26.35
percent in the pre-market.
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