You can subscribe to our M&A newsletter here The deal, backed by two private equity firms, Boston-based TA Associates and Germany-headquartered LEA Partners, is set to establish a global leader in the 3D visualization and design workflow software sectors, with a focus on the Architecture, Engineering and Construction (AEC) industry, Visual Effects (VFX) and Product Design verticals, Chaos Group said in a press release on Tuesday. The V-Ray for Unreal beta is open to all artists and designers.January 12 (SeeNews) - Bulgarian computer graphics developer Chaos Group said it has reached an agreement to merge with Germany-based real-time rendering and virtual reality software developer Enscape, with the transaction expected to be completed in the first quarter of 2022. “As geometry is imported from programs like Solidworks, designers will be able to apply V-Ray lighting and materials to their assets, preparing them for a photorealistic result.” Interestingly, Chaos Group are also stating that V-Ray for Unreal can also be applied to CAD workflows, bringing ‘the power of V-Ray’ to new users. “Now with V-Ray for Unreal, users can not only build assets in a familiar way, but they can bring them into real-time without losing the ability to render out ray-traced versions later. “Transitioning from offline to real-time used to be a lot of work, prohibitively so for most of our users,” said Simeon Balabanov, V-Ray for Unreal product manager at Chaos Group. Model and set-up your scene in, for instance, Max, send it to Unreal and you’ve instantly got a set of tools that allow you to both render out your assets (you can fire off V-Ray renders from inside Unreal Studio) or create interactive content for VR – very little in the way of data transportation issues, reset-up of lighting, materials etc.ĭoing this now requires a lot more rework and doubling of effort. What’s interesting here, is that this will allow those with existing skill sets in the likes of 3ds Max, Maya and such, to reuse that skillset, knowledge and data in Unreal to generate photorealistic, but entirely interactive assets.

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