TECHNOLOGY - Feb. 15, 1994
From Times Staff and Wire Reports
Microsoft Buying Maker of Animation Software: In a move underscoring its commitment to digital multimedia, Microsoft Corp said it has agreed to acquire Montreal-based Softimage Inc, a developer of computer animation software, in a $130-million stock deal. The acquisition, the software giant’s second biggest ever, increases by nearly 50% the size of the Microsoft’s 18-month-old Advanced Consumer Technology division, which is leading its efforts to help shape the information highway.
