In 2006, Toon Boom acquired French company Pegs'n Co, developer of the 2D bitmap animation software called Pegs. It has since become Toon Boom Harmony.įounding President and Chief Executive Officer Jacques Bilodeau left the company in May 2003, and the company's board of directors appointed Chief Operating Officer Joan Vogelesang to take his place. Toon Boom Animation continued the development of USAnimation software which became Toon Boom Opus. That merger never took place, and USAnimation's studio changed its name to VirtualMagic Animation in 1996 and operated independently. Its animation production services were to be merged into CST Entertainment according to a premature press release from CST.
In 1996, Toon Boom purchased the software development business of USAnimation studio.
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