Peter Jackson Selling Weta Digital's VFX Tech Division to Unity for $1.625 Billion - NewsBreak

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By Bryan in Business
Updated 2 years ago

Unity, a 3D game-development platform, is expanding its VFX footprint in a big way with the $1.625 billion acquisition of the technology division of Peter Jackson's New Zealand-based Weta Digital. The deal promises to make the tools used to create Gollum for Jackson's "The Lord of the Rings," Caesar from "The Planet of the Apes" and characters and settings from a slew of other movies available to creators all over the world. At some point, Unity plans to make Weta Digital's tools available to creators through a cloud-based workflow, with software-as-a-service pricing to be announced later. Under the deal, Unity is obtaining...

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