In 1999 it was sold on to the newly formed Lightworks Inc., then owned by Fairlight Japan, and then purchased by Gee Broadcast in May 2004. OLE Limited was founded in 1989 by Paul Bamborough, Nick Pollock and Neil Harris. The free version cannot export to DVD or Blu-ray, but can export to a hard drive (since Lightworks 14).
Lightworks is a non-linear editing system (NLE) for editing and mastering digital video.