Unity-Weta Digital deal: ‘The Lord of the Rings’ visual effects studio sells for $1.6 billion
“This acquisition is designed to place Weta’s extremely unique and complicated visible results instruments into the fingers of tens of millions of creators and artists all over the world,” the assertion stated.
“Collectively, Unity and Weta Digital can create a pathway for any artist, from any business, to have the ability to leverage these extremely artistic and highly effective instruments,” Jackson stated within the assertion. “Providing aspiring creatives entry to Weta Digital’s expertise will probably be nothing wanting sport altering and Unity is simply the corporate to convey this imaginative and prescient to life.”
Weta Digital’s visible results groups will live on as a standalone entity generally known as WetaFX, below Jackson’s majority possession, the assertion added.
The acquisition is predicted to shut throughout Unity’s fourth quarter 2021.