Entertainment news and discussion on TalkFuse.
After Buying EA, Silver Lake and PIF Are Reportedly Now Seeking to Acquire Gaming Software Provider Unity
Silver Lake Partners and Saudi Arabia’s Public Investment Fund (PIF) have reportedly approached Unity about a possible acquisition, in what could mark another major investment by the pair in the games industry. The talks are preliminary, and no deal is assured; Unity is consulting an investment bank to assess its options.
The consortium discussed valuing Unity at about $25 billion before its latest earnings lifted the company’s market capitalisation to roughly $21.5 billion. Silver Lake already owns 8% of Unity and has invested $400 million. Unity’s engine and development tools are used across thousands of games and other industries, while its shares rose nearly 15% after news of the talks, reaching $48.80 at the time of writing.
In short
- Silver Lake and PIF have discussed acquiring Unity.
- The reported valuation was about $25 billion.
- Talks remain preliminary, with no deal assured.
Entertainment Gaming Software Technology