Announced
Synopsis
Unity Technologies, the creator of the world’s most widely used real-time 3D development platform, agreed to acquire Digital Monarch Media, a company centered around virtual cinematography, filmmakers and filmmaking. Financial terms were not disclosed. “Digital Monarch Media shares Unity’s vision of using real-time to empower creativity with powerful new tools at the cutting edge of technology. Today’s blockbuster movies have upwards of 1000-2000 VFX shots, and the current processes are time-consuming. Now that Unity is on set with the world’s most renowned directors, we can bring the benefits of virtual cinematography to more creators and put control back into the filmmakers' hands,” John Riccitiello, Unity Technologies Chief Executive Officer.
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