Foundry announces strategic decision to wind down development of 3D modeling tool, Modo

Foundry, a leading developer of creative software for the media and entertainment industries, today announced its decision to wind down development of 3D modeling tool, Modo, after the release of Modo 17.1 later this year. This strategic decision will allow Foundry to focus on its core offerings and invest in new solutions that meet the evolving needs of the media and entertainment community.

Active customers will continue to receive support until the end of their current contract, and can obtain an extended 10-year license so that they can continue to use Modo in the future.