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In 2010 the company acquired the intellectual property of Echolab and the ATEM line of production video switchers.

In 2009 the company acquired the American based Da Vinci Systems, best known for their colour-correction and colour-grading products.

In 2006 the company released Blackmagic On-Air television production software.

In 2005 the company released several products, including the Multibridge family of PCIe bi-directional converters and the FrameLink family of DPX-based software.

The company later released newer versions of the product and added color correction capabilities, support for Microsoft Windows, and full support for Adobe Premiere Pro and Microsoft DirectShow.

The company was founded in 2001 by Grant Petty and produced their first product in 2002, a capture card for macOS called DeckLink that was the first to offer uncompressed 10-bit video.