Apple today acquired MotionVFX, a major developer of plugins, visual effects, and motion graphics tools for Final Cut Pro. MotionVFX is a Polish software company founded by Szymon Masiak in 2009. It ...

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Apple has acquired video editing company called MotionVFX, which offers plug-ins, templates and visual effects tools that work with Apple's Final Cut Pro.

The move could help Apple better compete with Adobe Premiere Pro and the Adobe Creative Cloud suite.