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Published: 21 August 1998 17:33 BST
Autodesk - a design software supplier - is to buy Discreet Logic for $520m. The companies hope that their combined products will enable them to offer comprehensive packages for creating moving 3D images for film and television.
The merger will be effective from the end of this year. Autodesk chairman Carol Bartz said it is part of a strategy to expand the company's business reach.
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The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.
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