Unity, the video game engine company, has acquired Peter Jackson's Oscar-winning Lord of the Rings effects studio Weta Digital in a $1.625 billion deal.

Unity, a maker of video game engines, has entered a definitive agreement to acquire Weta Digital, the visual effects studio behind Lord of the Rings, for $1.6 billion.

Unity Is Buying Peter Jackson’s Weta Digital, the VFX Studio Behind Lord of the Rings In time, Unity developers will have access to Weta special effects assets and tech.