From Dealroom · · 50s
Silver Lake and PIF Target Unity for $25B Gaming Buyout
Saudi's PIF and Silver Lake aim to buy Unity Technologies for up to $25 billion in gaming software.
In brief
Saudi's PIF and Silver Lake aim to buy Unity Technologies for up to $25 billion in gaming software. Saudi Arabia's Public Investment Fund and Silver Lake have made a preliminary takeover approach for Unity Technologies, the gaming software maker, potentially valuing it at $25 billion. Originally reported by Dealroom.
Takeover Approach
Private equity firm Silver Lake and Saudi Arabia's Public Investment Fund have made a takeover approach for Unity Technologies, the gaming software maker.
Valuation Discussion
The consortium reportedly discussed a valuation near $25 billion before Unity's earnings lifted its market value to about $21.5 billion.
Existing Stake
Silver Lake already owns about 8% of Unity, and its CEO Egon Durban sits on the company's board.
In short
Saudi Arabia's Public Investment Fund and Silver Lake have made a preliminary takeover approach for Unity Technologies, the gaming software maker, potentially valuing it at $25 billion.
