Prime Focus (NSE:PFOCUS, BOM:532748 ) subsidiary Brahma acquired Metaphysic, a generative artificial intelligence (GenAI) technology developer to create photorealistic content.
The post-transaction valuation of the combined entity, Brahma and Metaphysic, stands at $1.43 billion, according to a Wednesday filing to the Indian stock exchanges.
Under the deal, Abu Dhabi-based investor United Al Saqer Group (UASG) and Brahma parent DNEG (Double Negative) will invest an additional $25 million into Brahma.
This follows UASG's $200 million strategic investment in the DNEG Group in 2024.
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