Autodesk Acquires Wonder Dynamics; Terms Of The Transaction Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Autodesk, Inc. (NASDAQ:ADSK) has acquired Wonder Dynamics, a company known for its cloud-based 3D animation and VFX solution, Wonder Studio. This acquisition aims to enhance Autodesk's offerings in the 3D animation space by integrating AI with established tools, making it easier for creators to add 3D animated characters to their projects. The terms of the deal were not disclosed.
May 21, 2024 | 8:00 pm
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Autodesk's acquisition of Wonder Dynamics is expected to enhance its 3D animation and VFX capabilities by integrating AI, making it easier for creators to add 3D animated characters to their projects. This could potentially attract more users to Autodesk's suite of tools.
The acquisition of Wonder Dynamics is likely to strengthen Autodesk's position in the 3D animation and VFX market by integrating AI capabilities. This could lead to increased adoption of Autodesk's tools, positively impacting its stock price in the short term.
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