Other World Computing (OWC) acquires OpenDrives

● STRATEGIC | MEDIA/ENTERTAINMENT · Creative Tools

SEPTEMBER 11, 2026

Other World Computing (OWC) acquires OpenDrives (IAG Capital Partners)

TARGET

Software-defined video and rich media storage management platform serving Hollywood studios, post-production houses, live broadcast networks, and professional sports organizations.

Ownership	VC-backed · IAG Capital Partners (prior owner); IAG Capital Partners
Capital raised	$23M
Headcount	~44 FTEs
Headquarters	Los Angeles, California
Leadership	Trevor Morgan, CEO
Sell-side advisor	—

ACQUIRER

Other World Computing (OWC)

Provider of high-performance storage, docks, memory cards, connectivity hardware, and software for creative and business professionals

Ownership	Founder-owned
Headcount	1,394 FTEs
Headquarters	Woodstock, Illinois
Leadership	Larry O'Connor, Founder and CEO
Buy-side advisor	—

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Other World Computing (OWC) -> OpenDrives  (2026-09-11)
strategic_acquisition | Media/Entertainment | announced
Target: Software-defined video and rich media storage management platform serving Hollywood studios, post-production houses, live broadcast networks, and professional sports organizations.
Website: opendrives.com | Buyer site: owc.com
HQ: Los Angeles, California | Ownership: vc-backed | Seller: IAG Capital Partners | Buyer ownership: founder-owned
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/other-world-computing-opendrives.html

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