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Announced

Unity to acquire Weta Digital for $1.63bn.

Synopsis

Unity, a provider of software services, agreed to acquire Weta Digital, a provider of a visual effect platform, for $1.63bn. “Weta Digital’s sophistication is represented by dozens of tools that all build on the same, unified pipeline. Alone, each tool is uniquely powerful, but as a complete platform, they represent a quantum shift in our ability to make it easy for artists to bring their imagination to life and work together like never before. We are excited to work closely with WetaFX to continue to push the edge of the art of possible with these tools and to bring them to VFX, entertainment, and eventually gaming and other artists as we evolve our pipeline for content creators," Marc Whitten, Unity Senior Vice President and General Manager.

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