diff --git a/pkgs/applications/graphics/openimageio/default.nix b/pkgs/applications/graphics/openimageio/default.nix
index 473db68dc274..de37482d51ee 100644
--- a/pkgs/applications/graphics/openimageio/default.nix
+++ b/pkgs/applications/graphics/openimageio/default.nix
@@ -3,12 +3,12 @@
 }:
 
 stdenv.mkDerivation rec {
-  name = "oiio-${version}";
-  version = "1.4.15";
+  name = "openimageio-${version}";
+  version = "1.4.16";
 
   src = fetchurl {
     url = "https://github.com/OpenImageIO/oiio/archive/Release-${version}.zip";
-    sha256 = "1fc5v3qmrzf9qx765fd15r2dc3ccrz4xf4f9q4cwsrspmaxqyqzs";
+    sha256 = "0f9gspsjhniz992c04dm4lvffzz7zjqn1n34nqn6c32r498kimcj";
   };
 
   buildInputs = [
@@ -25,6 +25,8 @@ stdenv.mkDerivation rec {
       INSTALLDIR=$out dist_dir=
   '';
 
+  enableParallelBuilding = true;
+
   meta = with stdenv.lib; {
     homepage = http://www.openimageio.org;
     description = "A library and tools for reading and writing images";