This is actually second time, when major VFX house founded in US created a branch in London. It was first with Digital Domain in 2011 as a bussiness partnership with Reliance Media, which after aquisition of DD stayed as Reliance MediaWorks only.
But with new film tax relief being effective from april 2013 in UK, London becomes more attractive spot for visual effects post production. And with upcoming work on more Star Wars films after Disney aquiring LucasFilm, ILM could be more busy then before.
Here is ILM`s latest demoreel from their work on Battleship:
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