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DGAP-News: Nemetschek SE
/ Key word(s): Takeover
Corporate News Nemetschek Group Expands Leading Position in Massive and Strongly Growing 3D Animation Industry with Maxon's Acquisition of Pixologic - Creators of Academy Award-winning sculpting and painting software ZBrush now part of Maxon family - Enhanced portfolio puts Maxon in better position for exploiting huge market potential in 3D animation and enormous emerging Metaverse market - Joint offering is paving the way to extensive new target groups Munich / Friedrichsdorf, January 12, 2022 - The Nemetschek Group (ISIN DE 0006452907) today announced that its brand Maxon, a leading developer of professional 3D software solutions, has successfully closed the acquisition of Pixologic Inc., Los Angeles, USA. Pixologic are the creators of the Academy Award-winning sculpting and painting software ZBrush. The ZBrush team brings decades of 3D industry expertise to the Maxon organization and also enables Maxon to play an important role in the huge, rapidly growing gaming industry. ZBrush is used by respected film studios, game developers, designers, advertisers, and illustrators around the world. The industry's top creatives have employed ZBrush for a number of notable movies, such as Dune, Star Wars, Avatar, Game of Thrones and many more. Pixologic is a fast-growing and highly profitable company with an operating margin above the Nemetschek Group average. After the successful integrations of Redshift and Red Giant, this acquisition is a perfect and logical strategic move that substantially completes Maxon's product line with 3D sculpting and painting expertise. It also firmly positions the company as an industry leader for providing superior creative tools to digital artists to the dynamically growing, €16 billion 3D animation market. "With this step, we are amplifying the innovative and creative possibilities of our customers," stated David McGavran, CEO of Maxon. "By combining our world-class tools and people, we hope to delight creative artists with an ever-expanding and powerful toolset for their needs. With our enhanced portfolio, we aim to revolutionize the industry while also playing a crucial role in the huge emerging Metaverse market." "We are excited to start working with the Maxon team," said Ofer Alon, Founder and Visionary of Pixologic. "Our synergies are undeniable - both companies share a great tradition of outstanding products, innovation, and a passion to serve the creative community." "This is a big step forward for the Nemetschek Group as we are significantly expanding our leadership in 3D software solutions for artists and creative minds. The acquisition is a perfect match, which comes at the right time for us to take advantage of heightened market opportunities in our media segment," said Dr Axel Kaufmann, CFOO and spokesman of the Nemetschek Group. About the Nemetschek Group Publicly listed since 1999 and quoted on the MDAX and TecDAX, the company achieved revenue amounting to EUR 596.9 million and an EBITDA of EUR 172.3 million in 2020. About Maxon About ZBrush Contact: Stefanie Zimmermann VP Investor Relations & Corporate Communication NEMETSCHEK SE Konrad-Zuse-Platz 1 81829 Munich P: 50
12.01.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Nemetschek SE |
| Konrad-Zuse-Platz 1 | |
| 81829 München | |
| Germany | |
| Phone: | +49 (0)89 540459-0 |
| Fax: | +49 (0)89 540459-444 |
| E-mail: | |
| Internet: | |
| ISIN: | DE0006452907 |
| WKN: | 645290 |
| Indices: | MDAX, TecDAX |
| Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1267702 |
| End of News | DGAP News Service |
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1267702 12.01.2022
