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Meghan Markle apologises for misleading UK court. Watch: Charles gives 'reassuring response' to royal fan's question about Queen Elizabeth's health. Queen Elizabeth pulls out of important event on doctors' advice. The firms say the deal means that Weta's special effects tools will be "democratised". Weta, which was co-funded by Sir Peter in , is known for creating animated characters such as Avatar's Neyriti, Gollum in the Lord of the Rings film series and Caesar from Planet of the Apes.
He didn't have the tools he needed to achieve the results he wanted so he put a team together," he added.
Under the deal the company will be split up, with its technology assets being sold to Unity as Weta Digital. Its visual effects business will remain as a separate company called WetaFX, which is expected to become one of Unity's largest customers. Weta told the BBC that Sir Peter, along with the company's digital artists, will be "staying in New Zealand and continuing to make movies here. In a statement, Unity said it will "put Weta's incredibly exclusive and sophisticated visual effects tools into the hands of millions of creators and artists around the world" enabling them to shape the future of the metaverse.
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