“This acquisition is intended to put Weta’s incredibly exclusive and advanced visual effects tools in the hands of millions of creators and artists around the world,” the statement said.
“Together, Unity and Weta Digital can create a path for any artist, from any industry, to use these incredibly creative and powerful tools,” Jackson said in the statement. “Offering aspiring creatives access to Weta Digital’s technology will be nothing less than 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 the majority ownership of Jackson, the statement said.
The acquisition is expected to close in the fourth quarter of 2021 from Unity.