“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,” the statement said.
“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,” Jackson said in the statement. “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.”
Weta Digital’s visual effects teams will continue to exist as a standalone entity known as WetaFX, under Jackson’s majority ownership, the statement added.
The acquisition is expected to close during Unity’s fourth quarter 2021.