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. Toon Boom software is used in over 130 countries, and was awarded the Primetime Emmy Award in 20, among other awards. It was acquired by Corus Entertainment in 2012. Founded in 1994 and based in Montreal, Quebec, Toon Boom develops animation and storyboarding software for film, television, web animation, games, mobile devices, training applications, and education. is a Canadian software company that specializes in animation production and storyboarding software.
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