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Alias to Acquire Kaydara

(August 08, 2004)

Alias and Kaydara today announced that Alias has signed an  agreement to acquire Kaydara, a leading developer of real-time 3D  character animation and motion editing solutions in the entertainment  industry. SIGGRAPH 2004 marks Alias' debut as an independent  company following the completion of Alias' acquisition by Accel-KKR  and Ontario Teachers' Pension Plan from SGI(R). Alias is the leading  provider of 3D graphics technology and services for the film, video  games, web, interactive media, automotive, industrial design,  education and visualization markets. 

   "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 has built an impressive business over the past ten  years, serving a number of leading clients in the television, film,  game development, and Web content industries," said Michel Besner,  president of Kaydara. "The time was right to team up with Alias, as  Kaydara will now benefit from access to further investment, Alias'  existing technology, and the company's strong global marketing and  distribution network. Ultimately, this union will bring even greater  value to customers of both companies and the overall 3D industry." 

   Kaydara products - most notably MOTIONBUILDER(R) and Kaydara  FBX(TM) - 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. MOTIONBUILDER's unique real-time architecture, intelligent  character technology and breakthrough story system lets any 3D  animator create state-of-the-art results in record time, while FBX  allows animation teams to easily transfer assets between multiple  tools used during production. Recognizing the importance of openness  and accessibility in the production pipeline, Alias has pledged to  continue to offer Kaydara FBX as a vendor neutral format, further  underscoring the company's commitment to the overall success of the  3D industry. 

   "The future for Alias is incredibly positive," Walker continued.  "This is our first major step taken since becoming an independent  company and operating in an environment enabling Alias to deliver  significant new value to our customers in a shorter period of time.  We're in a unique position to push the science of 3D further and  faster than we ever have before, and we'll continue to evaluate  organic growth opportunities and additional strategic acquisitions in  the design and entertainment markets." 

   The purchase is expected to close within 60 days, subject to the  satisfaction of certain conditions. 

   About Alias 

   As the world's leading innovator of 3D graphics technology, Alias  develops award-winning software, custom development and training  solutions for the film and video, games, web, interactive media,  automotive, industrial design, education and visualization markets.  On March 1, 2003, for the awards year 2002, the Academy of Motion  Picture Arts and Sciences awarded Alias|Wavefront(TM) an Oscar(R) for  scientific and technical achievement for the development of Maya(R)  software, the professional 3D animation and effects package. Alias  also offers a powerful range of services for new to advanced users in  the most demanding environments. Learning Tools and training,  support, and professional services help meet rigorous production  deadlines. 

   Entertainment customers include: Acclaim Entertainment, Inc.,  CNN, Digital Domain, Disney, Electronic Arts, Industrial Light &  Magic, Factor 5 LLC, Midway Games, Nintendo, Pacific Data Images  (PDI), Pixar, Sega, Sony Pictures Imageworks, Square Enix Co., Ltd.,  Warner Feature Animation and Weta Ltd. Design customers include AT&T,  BMW, Boeing, Fiat, Ford, General Motors, Honda, Italdesign, Kodak,  Kwikset, Mattel, Price Pfister, Renault, Rollerblade, Sharp, Trek  Bicycle, Teague and Timex. 

   Alias is headquartered in Toronto with a Custom Development  Center in Santa Barbara. Please visit the Alias website at  http://www.alias.com or call 1-800-447-2542 in North America.  International contact numbers include: Northern Europe, Middle East  and Africa, +44 (0) 1494 441273; Germany, East & Southeast Europe,  0049 89 31 70 20; France, Spain and Portugal, +33 1 44 92 81 60;  Italy, 39 039 6340011; Japan and other parts of Asia Pacific, 81 3  5797 3500 and Latin America, 770 393 1881. 

   About Kaydara Inc. 

   Over the course of the past decade, Kaydara has become a leader  in the development of real-time character animation and motion  editing solutions for the entertainment industry. Kaydara's product  portfolio serves a vast and varied range of clients in the TV, film,  game development and Web content industries, including Sony Computer  Entertainment of America, Midway Games, Ubisoft, Acclaim, Electronic  Arts, Sony Picture Imageworks, Square Enix Co., Ltd., Capcom and the  Canadian Broadcasting Corporation. Kaydara is headquartered in  Montreal, Canada, and has an international presence with sales  offices throughout the Americas, Europe, and Asia. For more  information about Kaydara or its products, visit www.kaydara.com 


SOURCE: Alias


   


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Related Keywords:Alias , Kaydara, Ontario Teachers Pension Plan , Accel-KKR

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