diff --git a/src/path/PathItem.js b/src/path/PathItem.js
index 376a5131..130db607 100644
--- a/src/path/PathItem.js
+++ b/src/path/PathItem.js
@@ -315,7 +315,7 @@ var PathItem = Item.extend(/** @lends PathItem# */{
                 && this._getWinding(point);
         return !!(this.getFillRule() === 'evenodd' ? winding & 1 : winding);
 /*#*/ } // !__options.nativeContains && __options.booleanOperations
-    }
+    },
 
     // TODO: Write about negative indices, and add an example for ranges.
     /**
@@ -467,6 +467,47 @@ var PathItem = Item.extend(/** @lends PathItem# */{
      * paths[4].smooth({ type: 'continuous', from: -1, to: 1 });
      */
 
+    /**
+     * Interpolates between the two specified path items and uses the result
+     * as the geometry for this path item. The number of children and
+     * segments in the two paths involved in the operation should be the same.
+     *
+     * @param {PathItem} from the path item defining the geometry when `factor`
+     *     is `0`
+     * @param {PathItem} to the path item defining the geometry  when `factor`
+     *     is `1`
+     * @param {Number} factor the interpolation coefficient, typically between
+     *     `0` and `1`, but extrapolation is possible too
+     */
+    interpolate: function(from, to, factor) {
+        var isPath = !this._children,
+            name = isPath ? '_segments' : '_children',
+            itemsFrom = from[name],
+            itemsTo = to[name],
+            items = this[name];
+        if (!itemsFrom || !itemsTo || itemsFrom.length !== itemsTo.length) {
+            throw new Error('Invalid operands in interpolate() call: ' +
+                    from + ', ' + to);
+        }
+        var current = items.length,
+            length = itemsTo.length;
+        if (current < length) {
+            var ctor = isPath ? Segment : Path;
+            for (var i = current; i < length; i++) {
+                this.add(new ctor());
+            }
+        } else if (current > length) {
+            this[isPath ? 'removeSegments' : 'removeChildren'](length, current);
+        }
+        for (var i = 0; i < length; i++) {
+            items[i].interpolate(itemsFrom[i], itemsTo[i], factor);
+        }
+        if (isPath) {
+            this.setClosed(from._closed);
+            this._changed(/*#=*/Change.GEOMETRY);
+        }
+    },
+
     /**
      * {@grouptitle Postscript Style Drawing Commands}
      *
diff --git a/src/path/Segment.js b/src/path/Segment.js
index fb3d6ad3..e71562dc 100644
--- a/src/path/Segment.js
+++ b/src/path/Segment.js
@@ -580,6 +580,38 @@ var Segment = Base.extend(/** @lends Segment# */{
         this._changed();
     },
 
+    /**
+     * Interpolates between the two specified segments and sets the point and
+     * handles of this segment accordingly.
+     *
+     * @param {Segment} from the segment defining the geometry when `factor` is
+     *     `0`
+     * @param {Segment} to the segment defining the geometry when `factor` is
+     *     `1`
+     * @param {Number} factor the interpolation coefficient, typically between
+     *     `0` and `1`, but extrapolation is possible too
+     */
+    interpolate: function(from, to, factor) {
+        var u = 1 - factor,
+            v = factor,
+            point1 = from._point,
+            point2 = to._point,
+            handleIn1 = from._handleIn,
+            handleIn2 = to._handleIn,
+            handleOut2 = to._handleOut,
+            handleOut1 = from._handleOut;
+        this._point.set(
+                u * point1._x + v * point2._x,
+                u * point1._y + v * point2._y, true);
+        this._handleIn.set(
+                u * handleIn1._x + v * handleIn2._x,
+                u * handleIn1._y + v * handleIn2._y, true);
+        this._handleOut.set(
+                u * handleOut1._x + v * handleOut2._x,
+                u * handleOut1._y + v * handleOut2._y, true);
+        this._changed();
+    },
+
     _transformCoordinates: function(matrix, coords, change) {
         // Use matrix.transform version() that takes arrays of multiple
         // points for largely improved performance, as no calls to
diff --git a/test/tests/Path.js b/test/tests/Path.js
index c1d9c217..8dfdd3db 100644
--- a/test/tests/Path.js
+++ b/test/tests/Path.js
@@ -292,6 +292,31 @@ test('Simplifying a path with three segments of the same position should not thr
     }, 1);
 });
 
+test('Path#interpolate', function() {
+    var path = new Path(),
+        path0 = new Path.Circle({
+            center: [0, 0],
+            radius: 10
+        }),
+        path1 = new Path.Ellipse({
+            center: [10, 20],
+            radius: [20, 10]
+        }),
+        halfway = new Path.Ellipse({
+            center: [5, 10],
+            radius: [15, 10]
+        });
+
+    path.interpolate(path0, path1, 0);
+    equals(path, path0);
+
+    path.interpolate(path0, path1, 1);
+    equals(path, path1);
+
+    path.interpolate(path0, path1, 0.5);
+    equals(path, halfway);
+});
+
 QUnit.module('Path Curves');
 
 test('path.curves synchronisation', function() {