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|Founded||Kansas, United States (1985)|
|Headquarters||San Antonio, Texas, United States|
|Tim Jenison, Founder|
Andrew Cross, PhD,
President and CTO
Steve Doubleday, CFO
NewTek, Inc. is a San Antonio, Texas–based hardware and software company that produces live and post-production video tools and visual imaging software for personal computers. The company was founded in 1985 in Topeka, Kansas, United States, by Tim Jenison and Paul Montgomery. On 1 April 2019 it was announced that NewTek would be wholly acquired by Vizrt.
In 2005, NewTek introduced TriCaster, a product that merges live video switching, broadcast graphics, virtual sets, special effects, audio mixing, recording, social media publishing and web streaming into an integrated, portable and compact appliance. TriCaster was announced at DEMO@15 and then launched at NAB 2005. At NAB 2006, NewTek announced TriCaster PRO, which introduced professional video and audio connections and virtual sets (using proprietary NewTek LiveSet technology) to the TriCaster line. At NAB 2007, NewTek introduced TriCaster STUDIO, the first TriCaster to support six cameras. At NAB 2008, NewTek introduced TriCaster BROADCAST, the first model to deliver SDI video and audio support also video. In early 2009, NewTek introduced 3PLAY, a portable multi-channel HD/SD slow motion replay system. At NAB 2009, NewTek introduced TriCaster TCXD300, the first high definition TriCaster. At NAB 2009, NewTek introduced TriCaster TCXD850, a 22-channel high definition model in a rack mount form factor. The TCXD850 won four industry awards: the Winners Circle Award, STAR, Vidy and Black Diamond awards from EventDV, TV Technology, Videography and DV magazines, respectively, at NAB 2010.
In 2004, NewTek released the source code to some of their Amiga Platform products through DiscreetFX.
In 2015, NewTek announced the Network Device Interface (NDI®) protocol which allows applications and devices to transport high quality, low latency video over gigabit Ethernet networks. The protocol was available public products starting in early 2016. In 2017, version 3 of the protocol was released, which adds multicast support, a high-efficiency mode called NDI-HX and other new features.
DigiView was the first full-color video digitizer, and added slow-scan digitizing capabilities to the Amiga platform, allowing images to be imported at low cost, before modern image scanning technology was widely available. Consisting of an input module that allowed the connection of a standard black-and-white video camera (security cameras were popularly used), greyscale images could be captured to the Amiga. With the addition of a color wheel, full-color images could be captured by rotating the wheel's red, green, and blue segments in front of the lens and capturing the same image three times, once through each filter. This could be done manually, or with a further motorized accessory. The software combined the color information from the three images into one color image. According to the company, DigiView sold over 100,000 units.
The Amiga hardware included the ability to display 4096 colors on the screen simultaneously, and DigiPaint allowed graphic artists to draw with a variety of tools in that full-color space at a time when IBM PCs were typically limited to between 4 and 16 colors. The DigiPaint product offered at release the unique capability of editing and painting on images in the Amiga's unique Hold-And-Modify high color mode in real time.
The company found widespread fame and started the desktop-video revolution with the release of the Video Toaster, an innovative system for low-cost video switching and post production. The company was featured in magazine articles in such mainstream publications as Rolling Stone and was featured on the NBC Nightly News. In the early 1990s, a proliferation of video effects in television shows is directly attributable to the Video Toaster's effect of lowering the cost of video-processing hardware from the $100K range into the $4K range. One specific example is the television show Home Improvement, which used a video toaster transition for every cut between scenes—beginning with black-and-white transitions in the early 90s, and upgrading to color and 3D transition effects as later versions of the Video Toaster were released.
In addition, the company developed Lightwave 3D, a 3D modeling, rendering, and animation system, which has been used extensively in television and film, with early adoption by the television series Babylon 5, which eschewed models for space scenes, and was 100% CGI from the first episode using the NewTek software.
The fame of Video Toaster extended beyond the product; the company's founder Tim Jenison and its Vice President Paul Montgomery also were presented as new types of entrepreneurs running a new and different kind of company.
In 2005, NewTek founder, Tim Jenison was inducted into the San Antonio Inventors Hall of Fame as the "Father of Desktop Video".
In April 2019 NewTek was acquired by Vizrt for an undislosed sum 
The founder of the company, Tim Jenison is well recognized in the Amiga Computer community and at Siggraph. In addition to his efforts at NewTek, a personal interest in the artwork and skill of the Dutch painter Johannes Vermeer led to an investigation of the artist's technique, and a feature film documentary entitled Tim's Vermeer. The movie was released in early 2014, and was directed by Teller, and executive produced by Penn & Teller, with distribution by Sony Pictures Classics.
A spokesperson for the NewTek products, Kiki Stockhammer provided many demonstration images that were used in introductory videos, as well as providing her silhouette for a number of transition effects included with the Video Toaster.
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