Unity Intends to Buy Weta Digital for $1.6 Billion

Unity announced that it has entered into a definitive agreement to acquire Weta Digital, the premier provider of VFX and creator of high-quality, ultra-realistic characters, objects, and scenes from award-winning movies and television shows such as Avatar, Avengers: Endgame, Game of Thrones, Lord of the Rings, Planet of the Apes, and more. Ultimately, this acquisition is designed to put Weta’s incredibly exclusive and sophisticated visual effects (VFX) tools into the hands of millions of creators and artists around the world.

Weta Digital will join Unity’s Create Solutions focused on the continual evolution of Weta Digital’s dozens of proprietary graphics and VFX tools, such as Manuka, Lumberjack, Loki, Squid, Barbershop, HighDef, CityBuilder, and many more. In the future, these world-class artist tools will be available to creators through an accessible cloud-based workflow. 

Weta Digital’s VFX teams will continue to exist as a standalone entity known as WetaFX and are expected to become Unity’s largest customer in the Media and Entertainment space. WetaFX will still be under majority ownership by Sir Peter Jackson and helmed by CEO Prem Akkaraju.

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