Alias Seeks Independence

Alias announced it is involved in exclusive discussions with a leading private equity investment firm for the acquisition of Alias from SGI. Alias is the leading provider of 3D graphics technology and services for the film, video, games, web, interactive media, automotive, industrial design, education and visualization markets. “As an independent entity, Alias would be able to further expand its business, extend customer value and create significant growth with its products and services,” said Doug Walker, president of Alias. “The investor believes that there is a great potential and synergy to having design and entertainment focused products, services and customers. The new investor has been briefed in detail on our roadmap and is attracted to Alias precisely because of our product and services portfolio.” There will be no changes to the management team, organization, services, support or product availability as a result of the negotiations or the sale of the business. Source: Alias