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 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 ...

Weta Digital is currently owned by Peter Jackson. The company’s VFX and animation teams won’t be going anywhere; these are being rebranded as WetaFX. Following the sale, Weta Digital will become part ...

Unity Software on Wednesday announced that it will acquire the technology division of New Zealand-based Weta Digital, which was founded by Peter Jackson and is known for its visual effects work. The ...

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 ...

Unity, the 3D development platform used to create video games, has entered an agreement to acquire Weta Digital, the visual effects studio behind films like Avatar, Lord of the Rings, and more. The $1 ...

Weta Digital, the visual effects company co-founded by Lord of the Rings' Peter Jackson, has been acquired by Unity Technologies for a $1.625 billion price tag. Weta Digital has been behind ...