GenArts Inc., the premier provider of specialized visual effects software for the film, television and video industries, announced today a definitive agreement to acquire particleIllusion™ and all related products and technologies from wondertouch LLC. The acquisition includes particleIllusion SE, all Emitters and Pro Emitters, particleIllusion for AE, and all additional intellectual property from wondertouch LLC. As part of the acquisition, Alan Lorence, the former CEO of wondertouch and creator of particleIllusion, will join GenArts as a full-time developer. Read the rest of this entry »