The story
In 1996, Toon Boom purchased the software development business of USAnimation Studio. Its animation production services were to be merged into CST Entertainment according to a premature press release from CST. That merge never took place, and USAnimation's studio changed its name to VirtualMagic Animation in 1996 and operated independently. Toon Boom Animation continued the development of USAnimation software, which became Toon Boom Opus. It has since become Toon Boom Harmony.
Founding president and chief executive officer Jacques Bilodeau left the company in May 2003, and the company's board of directors appointed chief operating officer Joan Vogelesang to take his place. In 2004, Corus Entertainment, owner of Canadian animation studio Nelvana, acquired a 50% stake in the company.
In 2006, Toon Boom acquired French company Pegs'n Co, developer of the 2D bitmap animation software Pegs. Since the acquisition, the software has not been updated and can no longer be purchased.
In 2009, Toon Boom acquired the British company Cambridge Animation Systems, developer of Animo. Since the acquisition, the software has not been updated and can no longer be purchased.
In 2012, Corus acquired the remaining 50% stake of Toon Boom it did not already own, giving it full ownership. Chief Executive Officer and President Joan Vogelesang stepped down in September 2014 after over 16 years at Toon Boom, and Paul Gardner was appointed as interim CEO.
On March 9, 2016, Toon Boom acquired all the related IP for the TACTIC Studio product, an asset management, production tracking and review tool from Toronto-based Southpaw Technology and planned to re-launch the product as Toon Boom Producer. On June 13, 2017, Toon Boom re-branded and launched Producer.
On July 13, 2023, Corus announced that it would sell Toon Boom to Integrated Media Company (IMC), a portfolio of private equity firm TPG Inc., for US$111 million (CA$147.5 million). Corus stated that the sale would be used to cover debt and "advance our strategic plan and priorities".
Historical products
Toon Boom Opus (1996–2008) - formerly USAnimation, it was used in the traditional film/TV animation industry.
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Tic Tac Toon (1996–2001) was succeeded by Toon Boom Studio.
Toon Boom Studio (2001–15) was aimed at home users and individuals, and succeeded by Toon Boom Harmony Essentials.
Toon Boom Concerto (2004–05)
Toon Boom Solo (2005–07) was aimed at small studios. It was succeeded by Toon Boom Digital Pro.
Toon Boom Digital Pro (2007–09) was succeeded by Toon Boom Animate Pro.
Toon Boom Pencil Check Pro (2008–14) was a line testing software product.
Toon Boom Animate (2008–15) was aimed at professional animators, boutique studios, students, and educators. Succeeded by Toon Boom Harmony Advanced.
Toon Boom Manager (2009–14) was a production tracking system for the entertainment industry.
Toon Boom Animate Pro (2009–15) was aimed at animation studios and freelancers.
Flip Boom product line (discontinued in 2014) - entry-level animation software.
Garfield's Comic Boom (discontinued in 2014) is a comic strip or album creation software product developed with cartoonist Jim Davis. The application included built-in video tutorials by the cartoonist.
From Wikipedia’s article on Toon Boom, shared under CC BY-SA 4.0.4