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Autodesk stock reaction one week post-Wonder Dynamics acquisition
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Autodesk Acquires AI-Powered VFX Startup Wonder Dynamics; Terms Not Disclosed
May 21, 2024, 09:04 PM
Autodesk has announced its acquisition of Wonder Dynamics, a startup known for its AI-powered VFX and 3D animation tool, Wonder Studio. Wonder Studio is a cloud-based solution that automates the animation, lighting, and composition of 3D character models into live-action scenes. The acquisition aims to enhance Autodesk's capabilities in the VFX and animation sectors by integrating Wonder Dynamics' technology with Autodesk's existing tools. Wonder Dynamics emphasized the iterative nature of 3D and storytelling in their announcement. Terms of the deal were not disclosed, according to TechCrunch.
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