Unity purchases Weta Digital’s visual-effects tool suite for $1.6 billion Major deal continues the slow merging of movie-creation and game-creation tools.

A leading software company in the video game and special effects market announced quarterly results Tuesday after market close. The company also announced the acquisition of a visual effects ...

Unity software is scuttling Peter Jackson's Weta FX visual effects company, which will lead to an estimated 265 jobs being eliminated.

Unity, the video game engine company, has acquired Peter Jackson's Oscar-winning Lord of the Rings effects studio Weta Digital in a $1.625 billion deal.

All 275 Weta Digital engineers will join Unity, though Jackson's visual effects business will live on under the new name WetaFX.

Unity has just announced its intent to acquire Weta Digital, the legendary visual effects company co-founded by Peter Jackson, for a massive $1.625 billion.