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Unity Buys Studio Behind ‘Lord of the Rings’: WSJ

Unity Software known for developing engine used as platform for Pokémon Go said it would expand workforce beyond present 275 engineers


A scene from ‘The Lord of the Rings: The Return of the King,’ which included visual effects by Weta Digital. Photo: New Line Cinema

 

US video game company Unity Software has agreed to pay $1.63 billion for the New Zealand visual-effects studio co-founded by director Peter Jackson, The Wall Street Journal reported.

The award-winning studio, Weta Digital, helped create such blockbusters as the Lord of the Rings movie trilogy and Game of Thrones television series. It also helped make effects for movies such as Avatar and Avengers: Endgame.

As part of the acquisition, Unity – whose gaming engine was the platform for Pokémon Go – said it would expand its workforce beyond its present 275 engineers.

Read the full report: The Wall Street Journal

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.