U - Mergers and acquisitions

Ziva is a Leader in Sophisticated Simulation and Deformation, Machine Learning, and Real-Time Character Creation DNEG, a world-leading visual entertainment services company best known for its visual effects work with directors such as Denis Villeneuve and Christopher Nolan, announced today that it has acquired the exclusive license to Ziva, a best-in-class toolset for the creation of digital characters and creatures, from Unity (NYSE:U). Under the terms of the transaction, DNEG will also onboard a significant proportion of the Ziva team. Financial terms of the deal were not disclosed. In acquiring the exclusive license to Ziva's toolset and expertise, DNEG further bolsters its position

Closed transaction marks the beginning of democratizing Weta Digital's exclusive tools for millions of creators and artists Unity (NYSE:U), the world's leading platform for creating and operating real-time 3D (RT3D) content, today announced it has completed the acquisition of Weta Digital's tools, pipeline, technology, and engineering talent. This acquisition is designed to empower the growing number of game developers, artists, and potentially millions of consumer creators with highly sophisticated content creation tools used in some of the world's most iconic movies and television shows, such as Avatar, Game of Thrones, Lord of the Rings, The Suicide Squad, and more. In addition to acqu

New Unity survey shows nearly 7 in 10 of players said they've experienced toxic behavior in Multiplayer, Cross Platform Gaming Unity (NYSE:U), the world's leading platform for creating and operating real-time 3D (RT3D) content, today announced the acquisition of OTO, an AI-driven acoustic intelligence platform that can be leveraged to build and foster safer gaming environments with voice and text chat environments. OTO will be integrated into Unity's industry leading Vivox platform as a cornerstone for solving one of gaming's global challenges: the rise of toxic behavior that leads to poor player experience, and ultimately, lost revenue for game creators. "Over the past year, we saw how p

Q2 Revenue up 48%, exceeding expectations; Raises guidance again Unity Software Inc. (NYSE:U), the world's leading platform for creating and operating interactive, real-time 3D (RT3D) content, today announced second quarter 2021 revenue of $273.6 million, which is up 48% from the year prior and ahead of guidance. This marks the 11th consecutive quarter of 30% or greater growth as the company crosses $1 billion in annual revenue run rate. Unity is increasing full year guidance for 2021. "At Unity, our goal is to provide creators with the best tools to succeed as RT3D creators," said John Riccitiello, President and Chief Executive Officer, Unity. "Unity is designed to enable creators to bui

Leading vegetation modeling and environment creation products bolster Unity's authoring workflow, enabling creators to bring rich environments to life quickly and efficiently Unity (NYSE:U), the world's leading platform for creating and operating real-time 3D (RT3D) content, today announced the acquisition of Interactive Data Visualization, Inc. (IDV), creator of SpeedTree®, a suite of vegetation modeling and environment creation products for architecture, games, visual effects, and real-time simulations. As a long-time partner to Unity, this acquisition of IDV enables a deeper integration of SpeedTree into the Unity ecosystem, which will significantly enhance artists authoring workflows a

SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the world’s leading platform for creating and operating real-time 3D (RT3D) content, today announced the acquisition of VisualLive, a technology company enabling the architecture, engineering, and construction (AEC) industry to reduce costs and increase efficiency by visualizing and collaborating in augmented reality (AR). VisualLive’s technology is complementary to Unity Reflect, the immersive collaboration and development platform that connects people, project stages, and data across the digital building lifecycle. This acquisition expands Unity's strategic growth in the AEC industry and allows customers to achieve optimal efficienc

SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the world’s leading platform for creating and operating real-time 3D (RT3D) content, today announced the acquisition of RestAR, a Tel Aviv-based computer vision and deep learning company that enables fashion brands, online retailers, and marketers to scan and render physical consumer products in high-quality 3D, using only a mobile device. Coming on the heels of the launch of Unity Forma, a new tool that allows marketers to create and publish interactive experiences from 3D data, RestAR will extend the power of interactive RT3D technology to marketers of all types by generating a digital twin of any product or object in 3D. “With t