US company Altair has acquired Solid Iris Technologies, a Greece-based tech startup specialising in photorealistic rendering and visualisation, with its high-end solution "Thea Render". The former was already using Solid Iris' technology to provide rendering functionality in its solidThinking Evolve concept design software.
Terms of the acquisition were not disclosed. According to its website, Solid Iris was incorporated in 2012 and doesn't seem to have ever raised outside funding.
"Vision is the most important human sense," commented Ioannis Pantazopoulos, Managing Director of Solid Iris, "and it plays a vital role in our understanding of the world. As we fully integrate our team and technology within Altair, we are committed to advancing the user's experience such that product creation will seem to occur inside a real scene rather than in front of a computer screen."