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 ...

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

Unity’s acquired company, the tech assets of Weta, will be titled Weta Digital, while Peter Jackson’s Weta visual effects business will remain separate under the banner of WetaFX.

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