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 ...

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, 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 ...

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 ...

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's announcement post says its "definitive agreement" to acquire Weta Digital includes its artist tools, core pipeline, intellectual property, and engineering talent. Among the 16 tools it lists ...

With Tuesday’s announcement of Unity purchasing Weta Digital’s VFX tech division for $1.6 billion, we’re going to witness a metaverse alliance between the two companies. This means Weta-style ...