GLOBAL: Christie has confirmed that negotiations with VistaPHX LLC regarding the previously announced proposed sale of Christie’s Broadcast and Professional Video group assets have officially ceased, with the company now retaining ownership of the division’s product portfolio and operational infrastructure.

The proposed transaction, which had earlier been announced as an agreement in principle, would have seen VistaPHX acquire a range of Christie Broadcast and Professional Video assets, including associated intellectual property and operational resources. However, both parties have now ended negotiations without completing the deal.

As a result, Christie will continue managing and supporting its existing image processing and compositor product lines internally, including Spyder, Terra, Hedra, Phoenix, and Mastering Gateway, alongside the operational teams and infrastructure supporting those platforms.

The company stated that it remains committed to supporting customers, partners, and ongoing business activities tied to the retained product ecosystem while it evaluates future opportunities for the division.

Although Christie did not disclose further details regarding the decision to discontinue negotiations, the announcement ensures continuity for customers and integration partners currently deploying or supporting Christie’s professional video processing technologies across live events, broadcast, virtual production, and large-scale visualisation environments.