Technicolor Takes Full Control of Paprikaas

Technicolor is now the sole owner of Bangalore-based animation studio Paprikaas and plans to expand the outfit’s business into visual effects, compression and authoring, according to Variety.

Tim Sarnoff, president of Technicolor Digital Productions, announced the deal.

The company will continue to work in CG animation and with partners DreamWorks Animation and Nickelodeon.

The studio has produced animation for such specials as The Penguins of Madagascar, Merry Madagascar, and the upcoming direct-to-DVD feature Scared Shrekless.