Feeds

Mission Impossible for animation house Fuel VFX

Oz company titsup despite work on Avengers, Prometheus and Iron Man 2

Combat fraud and increase customer satisfaction

The trailblazing Australian visual effects outfit behind CG animation for Ridley Scott’s Prometheus, The Avengers, Mission Impossible and Iron Man 2 has plunged into voluntary administration.

The high end production house was launched in 2000 by a small group of VFX producers, using locally developed technology smarts to power the effects behind a raft of Hollywood big budget features.

Despite recent wins overseas the company has been affected by the high value of the Aussie dollar and has not been able to weather the local slow down in production activity, appointing administrators Jirsch Sutherland Partners this week.

"The company's directors have advised Jirsch Sutherland that, being independent, the company has struggled to navigate the downturn in work that is affecting many visual effects companies worldwide at the moment," the company said in a statement.

Administrators said that the owners are seeking to preserve and restructure the business and are looking for expressions of interest in the business and its assets.

Fuel's burnout may also impact the storage industry: the company is known to be a customer of third party NetApp service provider Zerowait. ®

Combat fraud and increase customer satisfaction

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.