Alias to acquire Kaydara

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.
“Kaydara has quickly become the recognised 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.”
(GB)