for off-line editing incorporates an edit controller, a video switcher, single and dual-headed laser disc players, video monitors, videotape recorders, terminal equipment and associated software. It operated Laser Edit, Inc. as a marketing arm. Laser Edit became a post production house over time. In 1990, Spectra Image and Pacific Video were merged into a new company, Laser Pacific, although the Pacific Video and Laser Edit corporate identities remain. The company was acquired by Eastman Kodak in late 2003 for $30.5 million. In April 2010, Kodak sold Laser Pacific and its subsidiaries Laser-Edit, Inc, and Pacific Video, Inc. for an undisclosed sum to HIG Capital. In 2011, Technicolor SA acquired the company, changing the name of the facility to Technicolor. Awards Emmy awards 2003: Engineering Emmy Award: LaserPacific Media Corporation for the 24P HDTV Post-Production System 2001: Engineering Emmy Award: LaserPacific for significant contributions to the creation of the 24P High Definition technology that has become standard throughout the industry. 1996: Engineering Emmy Award: LaserPacific Media Corporation for the Supercomputer Assembly 1993–94: (NATAS) Outstanding Achievement in Engineering Development -- For The Development and Implementation of Technology For The Removal of Temporal Artifacts From Film Originated 525 Material to 625. 1989: Engineering Emmy Award: Pacific Video Inc. for the Electronic Laboratory 1987: Engineering Emmy Award: Spectra Image, Inc. for D220 Dual Headed Video Disc Player References External links Hollywood Post Alliance LaserPacific website, 2011 Kodak Film production companies of the United States Companies based in California