Technicolor said it has acquired OuiDo Productions, a producer of animated television series including Alvinnn!!! & The Chipmunks, Sonic Boom, and Mini-WolfOfficials said the deal would strengthen Technicolor's animation services offerings worldwide. 

"We look at this acquisition as a complement to Technicolor's growth strategy within the animation industry and the French market," said Technicolor Production Services President Tim Sarnoff in a prepared statement. "We will now be better positioned to develop, finance, produce and service the full range of needs of content creators, licensors and distributors around the globe."

OuiDo Entertainment was founded in 2007 by Sandrine Nguyen and Boris Hertzog, who now lead OuiDo Productions as co-CEOs.