Press Release
Frameboxx animation and visual effects acquires MIDDS’ business
The transaction focused on geographical expansion, acquiring more market share and ensuring leadership position
Mumbai, Feb 15th, 2011 : Frameboxx animation, a well known name in animation and visual effects today announced the acquisition of Meteor institute of digital design studies (MIDDS), the education arm of Meteor Group of Mumbai. MIDDS provides courses in design disciplines of 3D, 2D design, Animation, Multimedia, and Game Development Technology. Following the acquisition, MIDDS will operate under the banner of Frameboxx animation and visual effects. Mr. Satyam Bansal, CEO, MIDDS, is a seasoned professional and entrepreneur who scaled up the company to a pan India presence and pioneered VSAT based distance learning in animation through a tie-up with TATA Nelco. He has also worked with Universal Pictures in Hollywood on international distribution of films like HULK and SEABISCUIT.
Speaking about the significance of the deal, Mr. Naveen Gupta, Executive Director and CEO, Frameboxx, said, “It’s a strategic move to not only ensure geographical expansion of Frameboxx but attain larger market share and underline the leadership of Frameboxx in animation and visual effects field. We are sure that with MIDDS's experienced staff, infrastructure and proven track record in placement, Frameboxx will touch new heights of success.”
"MIDDS is committed to provide quality education through its network of institutions and tie-ups to develop industry-relevant skilled professionals, by joining forces with Frameboxx animation, we've taken another big step in that direction. This transaction will prove to be beneficial for our employees and students alike, by being a part of stronger company with better technologies, expertise and market reach." stated Mr. Satyam Bansal, CEO of MIDDS.
About Frameboxx
Frameboxx Animation & Visual Effects is a versatile conglomerate with a focus on providing world class Animation, Media & Visual Effects training. Founded by a team of industry professionals with over ten years of experience in Animation Production and Education, Frameboxx is a pioneer in providing highly innovative and quality training services over a range of verticals with Classroom Training being the primary domain of operations. Having started operations in end 2007 with eleven state of the art training facilities in India, the company has grown to a presence of 60 world class training facilities in India and employs the finest set of technical and creative instructors with over 6000 students actively pursuing their Animation & Visual Effects education at any point of time. Frameboxx Animation & Visual Effects have recently launched B.Sc. in Multimedia & Animation in association with Sikkim Manipal University.
About MIDDS
MIDDS was established as an educational institution dedicated to the professional design disciplines of 3D, 2D design, Animation, Multimedia, and Game Development Technology. It is the leading private design education provider with its headquarters in Mumbai, the financial capital of the country. Offering an expeditious pathway to an Advanced Diploma to students within 16 months of graduating from high school, the curriculum is constantly reviewed to keep our students at the forefront of 3D and 2D design education and training. Always at the cutting edge, MIDDS prides itself in grooming individuals to award-winners. That's why the program is totally focused towards preparing our students for the REAL WORLD. That's why MIDDS is considered as a Professional Institute before an Academic Institute. Today MIDDS has strategic tie-ups with Central Bank of India, Oriental Bank of Commerce, HDFC, Saraswat Bank, Expression College and Northumbria University, to name a few. The synergies arising from these partnerships go a long way towards helping our students financially as well as having opportunities to interact and gain from some of the finest Design institutes in the world.

