Alias To Aquire Kaydara

Los Angeles, CA--Alias has signed an agreement to acquire Kaydara, a developer of realtime 3D character animation and motion editing solutions. SIGGRAPH 2004 marked Alias' debut as an independent company following the completion of its acquisition by Accel-KKR and Ontario Teachers' Pension Plan from SGI.
"Kaydara has quickly become the recognized leader in its field, and this strategic acquisition brings an additional pool of highly complementary intellectual and technical property to Alias' existing product and service portfolio," said Doug Walker, president of Alias. "This move effectively unites the top 3D product development talent in Toronto and Montreal--allowing our team to harness this combined creative power and deliver innovative 3D software solutions that enable our customers to create, visualize, and communicate the world's most compelling digital visual experiences."
Operating under the Alias name, Kaydara will remain in Montreal and current President Michel Besner will stay with the company and join Alias' executive management team.
Kaydara products, most notably MOTIONBUILDER and Kaydara FBX, will continue to support all current industry platforms and will be sold as standalone products under the Alias brand name. Kaydara FBX, a widely used standard for the universal exchange and reuse of 3D content, will continue to be offered as a vendor neutral format.
The purchase is expected to close within 60 days, subject to the satisfaction of certain conditions.