Posted March 13, 2018 05:33:24Redragon is an open source software tool for creating 3D models and 3D animations.
The company, which launched in 2015, says its product is used by software companies to create complex animations and graphics.
But it also sells accessories for use with the mouse and the popular Redragon camera, which allows users to capture 3D images and videos in real-time.
The acquisition, announced Wednesday, will create a global leader in 3D modeling and animation, with sales expected to hit $1.2 billion by 2021, according to the company.
It also said the company has signed deals with major hardware companies including Fujitsu, Apple and Sony.
In addition to Redragon, the deal also includes a 3D printing business, Redragon Imaging.
Redragon says its technology is used in applications like the camera and the video game Kinect.
According to RedDragon, the company is developing new software products, including a video game controller, that will help create realistic 3D experiences.
It also said it’s partnering with Google, Microsoft, and other companies on new software and services.