SAN
FRANCISCO, May 21, 2024 /PRNewswire/ -- Autodesk,
Inc. (NASDAQ: ADSK) announced it has acquired Wonder Dynamics,
makers of Wonder Studio which is a cloud-based 3D animation and VFX
solution that combines artificial intelligence (AI) with
established tools. Wonder Studio is highly compatible with other
popular 3D tools including Autodesk Maya, helping artists more
easily animate, light, and compose 3D characters within live-action
scenes. Autodesk's acquisition of Wonder Dynamics will give more
creators the ability to add 3D animated characters to their
projects and stories while minimizing the learning curve and
automating typically complex and time-consuming processes. Terms of
the deal were not disclosed.
"Bringing Wonder Dynamics into the Autodesk Media &
Entertainment portfolio extends our history of empowering artists
with innovative and accessible solutions that break down barriers
to entry," said Diana Colella,
Executive Vice President of Media & Entertainment at Autodesk.
"In the 1990s, we helped artists learn how to use computers to
create 3D graphics leading to the industry we see today, and Wonder
Dynamics is our next step on that journey. By embracing
emerging technology, we want to help teams and creators of all
sizes and skill levels create more content, more easily, so
everyone has the power to bring their inspiring stories to
life."
Wonder Dynamics makes the visual effects process more accessible
and affordable by developing AI and machine learning tools that
allow filmmakers to produce VFX and CGI elements faster and at a
significantly lower price point. Wonder Studio currently
offers a plug-in that connects with professional 3D tools such as
Autodesk Maya and Blender to deliver streamlined high-quality
character workflows. The acquisition of Wonder Dynamics is
another strategic step toward supporting Autodesk's long-term
mission to unbridle creativity by connecting teams, data and
processes with Flow, the Media & Entertainment industry cloud
on Autodesk's Design and Make platform.
For over a decade, Autodesk has incorporated the use of AI to
enhance a variety of tools necessary to help creative professionals
tackle challenges across industries, including Media &
Entertainment. Autodesk acknowledges its responsibility and is
committed to the ethical and responsible use of AI. Autodesk's
latest 2024 State of Design & Make report finds that 78% of
business leaders believe AI technology will enhance their industry
and 79% agree that it will lead to increased creativity.
"Today marks a major moment in Wonder Dynamics' journey as we
join forces with Autodesk," said Nikola
Todorovic, Co-Founder and CEO of Wonder Dynamics. "The
current misconception is that AI is a one-click solution, and
that's why we are excited to join a company that, at its core,
supports the iterative nature of 3D and storytelling. We put a lot
of effort into building an AI tool that does not replace artists,
but rather speeds up creative workflows, makes things more
efficient, and helps productions save costs. We firmly believe that
our alignment with Autodesk will only amplify that vision and
further push the boundaries of ethical AI and emerging technology
in Media & Entertainment."
"As an artist myself, I'm extremely grateful to make movies for
a living, and we've always wanted to help other artists realize the
same dream – regardless of their location, social status, or
budget," said Tye Sheridan,
Co-Founder and President of Wonder Dynamics. "With
Autodesk's support and commitment to innovation, we now have the
perfect partnership to continue this mission and redefine the
narrative of what's achievable in the realm of storytelling."
Aether Media, Inc. d/b/a Wonder Dynamics is referred to as
Wonder Dynamics throughout this communication. The foregoing
descriptions of the contemplated effects of the proposed
acquisition are subject to the acquisition's completion and
Autodesk's ability to successfully integrate Wonder Dynamics in all
respects.
This communication includes forward-looking statements within
the meaning of the federal securities laws regarding future events
and development efforts for our products and services, including
without limitation statements regarding the anticipated benefits of
the acquisition. These statements reflect our current expectations
based on what we know today. Our plans are not intended to be a
promise or guarantee of future events or the delivery of products,
services, or features, and purchasing decisions should not be made
based upon these statements. Factors that could cause actual
results to differ materially from such statements include the
following: the failure to realize the anticipated benefits of the
acquisition, including Autodesk's inability to successfully
integrate the business of Wonder Dynamics; costs related to the
acquisition; the competitive environment in the media and
entertainment industry and competitive responses to the
acquisition; and Autodesk and Wonder Dynamics' success
developing new products or modifying existing products and the
degree to which these gain market acceptance. We do not assume any
responsibility to update this communication to reflect events that
occur or circumstances that exist after the publish date of this
communication.
About Autodesk
The world's designers, engineers, builders, and creators trust
Autodesk to help them design and make anything. From the buildings
we live and work in, to the cars we drive and the bridges we drive
over. From the products we use and rely on, to the movies and games
that inspire us. Autodesk's Design and Make Platform unlocks the
power of data to accelerate insights and automate processes,
empowering our customers with the technology to create the world
around us and deliver better outcomes for their business and the
planet. For more information, visit autodesk.com or follow
@autodesk. #MakeAnything
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SOURCE Autodesk, Inc.