Autodesk Acquires Softimage
Softimage, the Canadian company behind the visual effects in movies such as Jurrassic Park, Titanic, The Fifth Element, Happy Feet, 300, and many other movies and video games has been acquired by Autodesk. The acquisition will cost $35 million to Autodesk.
Autodesk are the makers of widely used 3D design software like Maya, and popular CAD software know as AutoCAD. Both companies share simalar goals and work in related markets. This acquisition should strenghten both companies and diversify their product lines to become more competitive in their respective markets.