TA Associates and LEA Partners are considering a potential sale of Chaos Group, a maker of 3D video-rendering software that could be valued as much as €1 billion ($1.1 billion), according to people familiar with the matter.
The private equity firms are working with advisers and asked suitors including tech-focused buyout firms to submit non-binding bids earlier this month, the people said, asking not to be identified because the information is private.
Founded in 1997, Chaos offers a platform for 3D rendering, real-time visualization and simulation software. Its flagship rendering solution, V-Ray, is used in product design, architecture, ad ...
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