The new business unit was named the Discreet division. Īt the time, it was its largest acquisition, valued at about $410 million by the time it closed in March 1999 (down from an estimated $520 million when announced). In August 1998, Autodesk announced plans to acquire Discreet Logic and its intent to combine that operation with Kinetix. Kinetix Īutodesk originally created a San Francisco multimedia unit in 1996 under the name Kinetix to publish 3D Studio Max, a product developed by The Yost Group. On April 15, Discreet invested $2.5 million in privately held Essential Communications Corporation. On May 26, 1995, the company acquired the assets of Brughetti Corporation for about CDN$1 million, and in October acquired Computer-und Serviceverwaltungs AG, located in Innsbruck, Austria and some software from Innovative Medientechnik-und Planungs-GmbH in Geltendorf, Germany.Īfter a 2-for-1 stock split on October 16, 1995, a secondary offering in December 1995 raised an additional $28 million. In July 1995, Discreet Logic's initial public offering raised about US$40 million. Flame, which was originally named Flash, was first shown at NAB in 1992, ran on the Silicon Graphics platform, and became the company's flagship product.
In 1992, Discreet Logic entered into a European distribution agreement with Softimage, and shifted its focus on Flame, one of the first software-only image compositing products, developed by Australian Gary Tregaskis. Eddie was associated with Australian software engineer Bruno Nicoletti, who later founded visual effects software company The Foundry, in London, England. Montreal-based Discreet Logic was founded in 1991 by former Softimage Company sales director Richard Szalwinski, to commercialize the 2D compositor Eddie, licensed from Australian production company Animal Logic. In 2018, the company began operatingĪs a single operating segment and reporting unit. San Francisco, California (1996 as Autodesk Kinetix)Īutodesk Media and Entertainment is a division of Autodesk which offers animation and visual effects products, and was formed by the combination of multiple acquisitions. Montreal, Quebec (1991 as Discreet Logic)
Software company in Canada Autodesk Media and Entertainment
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