Phantom Digital Effects Limited — Updates, 25-07-2025: Press Release
25-07-2025 | 03:17 pm
25-07-2025 | 03:17 pm
PhantomFX completed the acquisition of Tippett Studio, an iconic Hollywood VFX firm. This strategic move fast-tracks PhantomFX into high-stakes markets, leveraging Tippett's 40-year creative legacy and client access (e.g., Marvel Studios) with Phantom's cost-efficient global production engine. Tippett reported revenue of INR 60 Cr with 22% PAT in 2024. The acquisition is poised to drive PhantomFX's inorganic growth by 65-70% from July, significantly improving margins and working capital. PhantomFX also targets another European VFX studio acquisition and invests in AI-powered tools, aiming for a global creative super-network.
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