DreamWorks Animation, the makers of those cute and heart-tugging films like Shrek, Antz and Shark Tale, will soon be getting some of its brilliant animation work done from Bangalore. The Steven Spielberg-promoted studio signed a strategic alliance with Technicolor Servcies, a division of Thomson, the e6 billion media and entertainment group to develop “world animation abilities in India.

The deal allows Thomson to leverage its acquisition of Bangalore-based Paprikaas Studios, an animation and game content provider that the company bought for an undisclosed amount in February this year. Content services, of which animation is a part, contributed $500-600 million to the company’s turnover last year.

More: economictimes.indiatimes

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