Apple has acquired a company, MotionVFX, that is into developing plugins and high-end templates for Final Cut Pro video editing software. The company has been into this for more than 15 years. The company was founded in 2009, and they have been developing high-end templates for video editing software. With a monthly subscription starting at 29 dollars, you can access their library, and you can use their templates in Final Cut Pro.
Mainly, the move is considered a continuous demand from creators and video editors who want to have third-party add-ons in the software. Also, Apple acquired this company to compete with Adobe software as well. With this, in the upcoming days, Apple can ship more features in the software with AI-assisted tools like auto masking, smart transitions, and template-based shorts, and many more.
