Mumbai: Netflix has announced its plans to acquire virtual production studio Scanline VFX. The company is responsible for the visual effects in Netflix series like "Cowboy Bebop," "Stranger Things," and "Blood Red Sky."

The company expects to complete the acquisition by the end of first quarter 2022 subject to regulatory approvals. 

Founded in 1989, Scanline is led by Stephan Trojansky, a VFX supervisor whose proprietary fluid rendering system ‘Flowline’ won an Academy Award for Technical Achievement in 2008. The company has offices in Vancouver, Montreal, Los Angeles, London, Munich, Stuttgart, and Seoul.

The company is working on VFX effects for upcoming Netflix content including "Don’t Look Up," "The Gray Man," "Slumberland," "The Adam Project," and "Stranger Things 4."

“Netflix will invest in Scanline’s pipeline, infrastructure and workforce and continue to support the pioneering work that Scanline’s Eyeline Studios is doing in virtual production to push the boundaries of what is visibly possible,” said Netflix vice president of studio operations Amy Reinhard.

Apart from Netflix content, Scanline has done ground-breaking work on series like "Game of Thrones" to films like "Godzilla vs Kong" and "Zack Snyder’s Justice League." “Going forward, the company will continue to operate as a standalone business and work with their variety of clients,” said Reinhard.

Netflix will continue to rely on other VFX studios around the world “to ensure that our creators have access to the world's most innovative tech,” said Reinhard.