Feeds

Mission Impossible for animation house Fuel VFX

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

The essential guide to IT transformation

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.