Indian VFX studio PhantomFX acquires majority stake in Oscar-winning Tippett Studio

AnimationXpress reports that India's PhantomFX has secured a majority stake in Tippett Studio, the acclaimed USA-based VFX house. The acquisition marks a significant expansion for PhantomFX into the North American market. Tippett Studio, known for its pioneering work in visual effects and animation, has won multiple Academy Awards. The deal represents growing Indian investment in global creative studios and strengthens PhantomFX's portfolio across animation and VFX production.

Reported by Animation Xpress. This is a wire brief — read the full story here.