http://www.alias.com/eng/press/press_releases/20040415_accel-kkr_to_aquire_alias.shtml
Accel-KKR to acquire Alias from SGI
Technology-focused private equity firm Accel-KKR will acquire Alias from
SGI for $57.5 million as part of a definitive agreement with SGI. Alias is
a leading provider of 3D graphics technology and services for the film,
video games, web, interactive media, including its flagship Maya animation
product. "Our plan is to accelerate investment in the product and service
areas that provide the greatest payback for our entertainment and design
customers. Our new partnership with Accel-KKR will facilitate this
activity, providing long-term patient capital and other strategic
resources to help us thrive as an independent enterprise." The sale is
expected to close this quarter
Accel-KKR to acquire Alias from SGI
Technology-focused private equity firm Accel-KKR will acquire Alias from
SGI for $57.5 million as part of a definitive agreement with SGI. Alias is
a leading provider of 3D graphics technology and services for the film,
video games, web, interactive media, including its flagship Maya animation
product. "Our plan is to accelerate investment in the product and service
areas that provide the greatest payback for our entertainment and design
customers. Our new partnership with Accel-KKR will facilitate this
activity, providing long-term patient capital and other strategic
resources to help us thrive as an independent enterprise." The sale is
expected to close this quarter