LEA Partners is a German-based private equity and venture capital firm. The company has a solid track record of investing in venture capital in technology companies. In the early 1980s, she opened an office in Silicon Valley and then in 2003 opened her office in London. TA Associates was founded in 1968 by Peter Brooke in Boston as a private investment firm. The joint workforce will total more than 500 employees across the globe, with corporate headquarters in Karlsruhe, Germany and additional offices in Sofia (Bulgaria), Prague (Czech Republic), Tokyo (Japan), Seoul (Korea), Los Angeles (USA) and New York (USA).We find that bringing Enscape and Chaos together provides a unique opportunity to build a technological powerhouse to pave the way for AEC and beyond. Vladimir Koylazov, co-founder of Chaos and current head of software operations, will also continue to drive R&D and innovation in a leadership position. Peter Mitev, CEO and co-founder of Chaos, and Christian Lang, CEO of Enscape, will share the title of co-CEO for the new company. All products from both company portfolios will continue to operate and be available under their respective name, including leading products, Enscape, V-Ray, and Corona. The newly-combined company, which will retain the Chaos name, aims to develop and strengthen its product portfolio to create a comprehensive end-to-end visualization ecosystem, designed to meet the evolving needs of its customers. The merger will establish a global leader in the 3D visualization and design workflow software sectors, with a focus on the AEC, Visual Effects (VFX) and Product Design verticals. Karlsruhe, Sofia & Boston – TA Associates, a global growth private equity firm, and LEA Partners, a technology focused private equity firm, announced an agreement to merge Enscape, a leading developer of real-time rendering and design workflow technology for the Architecture, Engineering and Construction (AEC) industries, and Chaos, a world leader in photorealistic rendering technology.
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