Alias, maker of high-end 3D tool Maya, has been acquired by a pair of investment firms.

The Ontario Teacher's Pension Plan (Teachers') and technology-focused private equity firm Accel-KKR have financed the purchase of the company by Alias' existing management from former owner Silicon Graphics (SGI).

Alias president Doug Walker said: "We are very excited to be moving into our next phase of growth with the backing of two such prestigious organizations. Both Accel-KKR and Teachers' have embraced Alias' vision and mission and we anticipate their backing will help us continue to deliver innovative solutions enabling our customers to create, visualize and communicate the world's most compelling digital visual experiences.

"Our goal will be to capitalize on the enormous market potential in the 3D software market for both professionals and consumers," he added.

Managing director of Accel-KKR Tom Barnd said: "We are pleased to complete this investment and begin working with Alias to execute its business plan as an independent company. We have spoken to a wide range of customers and have consistently heard how much they value Alias' innovative software and services."

Teachers' senior vice president Jim Leech said: "We are delighted to have the opportunity to invest in Alias, the global leader in 3D graphics software. It is a world-class company with an impressive management team and great potential for growth."

"There will be no changes to the management team, organization, services, support or product availability as a result of the sale of the business," the three parties agreed.