Weta’s $1.6B Deal With Unity: How It Will Work
BY CAROLYN GIARDINA | HollywoodReporter.Com Troy Warren for CNT #Business #Gaming The sale of the 'Lord of the Rings' helmer’s tech division to Unity is viewed as a shrewd move for the publicly traded firm to make gains in the rapidly evolving area of virtual production: "The space is exploding." On Nov. 9, publicly traded tech firm Unity — maker of the Unity real-time game engine used in production from games to movies — surprised many in Hollywood when it unveiled a deal to acquire the tech assets of Peter Jackson’s Weta Digital for $1.6 billion. This included roughly 275 engineers, a…