Editing NewTek (section)

==Company history==

The company's first products included [[DigiView]] in 1986<ref name="DigiView">{{cite web | url=http://www.dacs.org/pdf/dacs9806.pdf | title=Make New Tech Movies with NewTek | publisher=Danbury Area Computer Society, Inc | date=June 1998 | access-date=August 31, 2012 | url-status=dead | archive-url=https://web.archive.org/web/20130120232120/http://www.dacs.org/pdf/dacs9806.pdf | archive-date=January 20, 2013 }}</ref> and [[DigiPaint]], both for the [[Commodore International|Commodore]] [[Amiga]] personal computer.

DigiView was the first full-color video digitizer and added slow-scan digitizing capabilities to the Amiga platform allowing images to be imported at low cost before modern image scanning technology was widely available. Consisting of an input module that allowed the connection of a standard black-and-white video camera (security cameras were popularly used), greyscale images could be captured to the Amiga. With the addition of a [[Color wheel (optics)|color wheel]], full-color images could be captured by rotating the wheel's red, green, and blue segments in front of the lens and capturing the same image three times, once through each filter. This could be done manually or with a motorized accessory. The software combined the color information from the three images into one color image. According to the company, DigiView sold over 100,000 units.<ref name=":0" />

The Amiga hardware included the ability to display 4096 colors on the screen simultaneously, and DigiPaint allowed graphic artists to draw with a variety of tools in that full-color space at a time when IBM PCs were typically limited to between 4 and 16 colors. The DigiPaint product offered the unique capability of editing and painting on images in the Amiga's unique [[Hold-And-Modify]] high color mode in real-time.

The company found widespread fame and started the desktop-video revolution by releasing the [[Video Toaster]], an innovative system for low-cost video switching and post production.<ref name=":0">{{cite magazine|url=https://www.wired.com/wired/archive/2.05/flying.toasters_pr.html |title=2.05: Flying Toasters |magazine=Wired |publisher=Wired.com |access-date=2014-08-22|last1=Jacobs |first1=Stephen }}</ref><ref>{{cite web|url=http://www.digitalpostproduction.com/2002/01_jan/reviews/cw_toaster2_review.htm |title=NewTek Toaster [2&#93;: TV Studio in a Box |publisher=Digitalpostproduction.com |date=2002-01-17 |access-date=2014-08-22}}</ref> The company was featured in high-profile magazine articles such as ''[[Rolling Stone (magazine)|Rolling Stone]]'' and was also featured on ''[[NBC Nightly News]]''. In the early 1990s, a proliferation of video effects in television shows is directly attributable to the Video Toaster's effect of lowering the cost of video-processing hardware from the $100K range to the $4K range.{{Citation needed|date=March 2017}}

In addition, the company developed [[LightWave 3D]], a 3D modeling, rendering, and animation system, which has been used extensively in television and film. For example, the television series ''[[Babylon 5]]'', which eschewed models for space scenes, was 100% CGI from the first episode using the NewTek software.

The fame of Video Toaster extended beyond the product: the company's founder, Tim Jenison, and its vice president, [[Paul Montgomery]], were presented as a new breed of entrepreneurs running a different kind of company.<ref>{{cite web|url=http://iconnectdots.com/2007/11/newtek-and-the.html |title=Newtek and the Video Toaster |publisher=Iconnectdots.com |date=2007-11-07 |access-date=2014-08-22}}</ref>

Jenison and Montgomery eventually split, with Montgomery leaving to help form a new company called [[Play, Inc.]], which ultimately ceased operations after Montgomery's untimely death.<ref>{{cite web|url=http://www.businessweek.com/stories/1998-09-20/a-hollywood-star-called-dot-dot-dot-newtek |archive-url=https://web.archive.org/web/20141115070117/http://www.businessweek.com/stories/1998-09-20/a-hollywood-star-called-dot-dot-dot-newtek |url-status=dead |archive-date=November 15, 2014 |title=A Hollywood Star Called...Newtek? |publisher=Businessweek |date=1998-09-20 |access-date=2014-08-22}}</ref><ref name="Wheaton2004">{{cite book|last=Wheaton|first=Wil|title=Just a Geek: Unflinchingly honest tales of the search for life, love, and fulfillment beyond the Starship Enterprise|url=https://archive.org/details/justgeek0000whea|url-access=registration|date=22 June 2004|publisher="O'Reilly Media, Inc."|isbn=978-0-596-55557-3|pages=[https://archive.org/details/justgeek0000whea/page/250 250]–}}</ref>

In 1997,<ref>{{cite web|url=https://www.bizjournals.com/sanantonio/stories/1997/08/18/story1.html |title=NewTek relocating to San Antonio |publisher=San Antonio Business Journal |date=1997-08-17 |access-date=2018-08-31}}</ref> the company moved to [[San Antonio]], [[Texas]], [[United States]].

In 2005, NewTek founder, Tim Jenison, was inducted into the San Antonio Inventors Hall of Fame as the "Father of Desktop Video."

In April 2019, NewTek was acquired by [[Vizrt]] for a sum of US$95.25 million, disclosed in Vizrt's Q2 report.<ref>{{Cite web|url=https://mediacitybergen.no/home/vizrt-acquires-newtek-and-releases-viz-engine-4/|title=Vizrt acquires NewTek and releases Viz Engine 4 - Media City Bergen|website=mediacitybergen.no|access-date=Jun 22, 2020}}</ref>