Closed transaction marks the beginning of democratizing Weta Digital’s exclusive tools for millions of creators and artists In addition to acquiring dozens of industry-leading tools, a foundational ...

Weta Digital, one of the world’s premier visual effects companies founded by Peter Jackson, has sold its visual effects tech division to Unity in a $1.625 billion deal, according to an individual with ...

Unity has announced its intent to purchase Weta Digital, the visual effects company co-founded by New Zealand film director Sir Peter Jackson, for $1.6 billion. Under the acquisition, Unity will ...

Weta created the Oscar-winning VFX on 'The Lord of the Rings' and 'Avatar.' By Carolyn Giardina Tech Editor Publicly traded tech firm Unity has entered into a definitive agreement to acquire Peter ...

Unity Technologies, the company behind the Unity engine, is buying Weta Digital. If you’re a film buff, you need no introduction to Weta. It’s the VFX house Peter Jackson co-founded in 1993. It has ...

Unity Technologies is laying off 265 people — 3.8% of its 7,000 employees — as it undergoes a “company reset,” according to Reuters. All 256 laid off workers were part of Unity’s Wētā Digital division ...

Game engine-maker Unity has announced plans to lay off 265 workers—or just under 4% of its roughly 7,000-person workforce—as it winds down a partnership with special-effects house Weta Digital and ...