Acquisition to put award-winning VFX tools and technology into the hands of millions of creators and artists.
Today we have announced that we have entered into a definitive agreement to acquire Weta Digital, specifically its award-winning engineering talent and artist pipeline, tools and technology. Ultimately, this acquisition is designed to put Weta’s incredibly exclusive and sophisticated visual effects tools into the hands of millions of creators and artists around the world, and once integrated onto the Unity platform, enable the next generation of RT3D creativity and shape the future of the metaverse.
Weta Digital will join Unity’s Create Solutions focused on the continual evolution of their dozens of proprietary graphics and VFX tools, such as Manuka, Lumberjack, Loki, Squid, Barbershop, HighDef, CityBuilder, and many more. In the future, with our deep expertise in real-time, these world-class artist tools will be available to creators through an accessible cloud-based workflow. The Academy Award-Winning VFX teams of Weta Digital will continue as a standalone entity known as Weta FX and is expected to become Unity’s largest customer in the Media and Entertainment space.
“The Weta Digital tools created unlimited possibilities for us to bring to life the worlds and creatures that originally lived in our imaginations,” said Peter Jackson, Chairman & Co-Founder, Weta Digital. “Together, Unity and Weta Digital can create a pathway for any artist, from any industry, to be able to leverage these incredibly creative and powerful tools. Offering aspiring creatives access to Weta Digital’s technology will be nothing short of game changing and Unity is just the company to bring this vision to life.” “We are thrilled to democratize these industry-leading tools and bring the genius of Peter Jackson and Weta’s amazing engineering talent to life for artists everywhere,” said John Riccitiello, President and Chief Executive Officer, Unity. “By combining the power of Unity and Weta Digital, the tools and technology that built characters and scenes from the world’s most iconic films such as Avatar, Lord of the Rings, and Wonder Woman, will enable an entirely new generation of creators to build, transform, and distribute stunning RT3D content.” Weta Digital is the premier creator of VFX, delivering high-quality, ultra-realistic characters, objects, and scenes for a wide variety of award-winning movies and television shows, such as Avatar, Black Widow, Game of Thrones, Lord of the Rings, Planet of the Apes, The Suicide Squad, and more. Weta Digital achieves this superior level of performance with a world-class team of VFX artists and engineers, who helped build an extremely sophisticated artist pipeline and set of tools to conduct advanced facial capture and manipulation, anatomical modeling, advance simulation and deformation of objects in movement, procedural hair and fur modeling, and many more techniques that have been galvanized, developed, and perfected through hundreds of properties across thousands of shots for more than 20 years.
“When you realize that Unity is exceptional at delivering world-class tools and technology to creators, this acquisition is a perfect match: we have the opportunity to get Weta Digital’s award-winning, high-end artist pipeline and tools, which are in a class by themselves, to a much broader audience of artists than what has been historically possible,” said Prem Akkaraju, CEO of Weta Digital. “Weta’s goal has always been to inspire and motivate a whole new generation of creators and it’s exciting to pass the mantle over to Unity. I see a future where more and more content shares the same level of visual fidelity as Avatar and Game of Thrones and Unity is the ideal company to lead us into this future.”
With this transaction, Unity will acquire:
- Weta’s world-class engineering talent of 275 engineers that are known for architecting, building and maintaining Weta Digital tools and core pipeline;
- Dozens of industry-leading tools such as Manuka, Gazebo, Barbershop, Lumberjack, Loki, Squid, Koru and more, all integrated seamlessly into Weta’s industrial strength production pipeline;
- A foundational data platform for interoperable 3D art creation, making it easy for hundreds of artists to work seamlessly together; and
- A library of thousands of incredible assets that the Weta FX team will continue to accumulate as they create world class VFX in the years to come.
Feel free to discuss and ask questions in the thread!
https://www.youtube.com/watch?v=ygAsQxDtXic