RICHARDSON, Texas, March 1 /PRNewswire/ -- 7th Level, Inc. (Nasdaq: SEVL) has acquired PyroTechnix, Inc., which specializes in real-time 3D rendering technology for 300,000 shares of 7th Level common stock or approximately $3.3 million based on yesterday's close. The acquisition of PyroTechnix, a privately-held company based in Cincinnati, Ohio, will be accounted for as a pooling of interests. Senior management and employees will continue with 7th Level.

George Grayson, Chairman and CEO of 7th Level, said, "By combining PyroTechnix' True3D(TM) real-time rendering technology with TopGun, 7th Level's proprietary development and playback tool, we will have one of the most flexible, multi-platform, multimedia development tools in the industry. This will further strengthen 7th Level's internal title and tools development....