Unity Technologies will receive $400m investment from private equity firm, Silver Lake, Unity CEO John Riccitiello revealed to Bloomberg. This latest investment puts the San Francisco company’s value at an estimated $2.6 billion, with half of the funding to purchase shares from employees and shareholders.
Riccitiello said that regulators still need to approve the deal, but that didn’t stop Tony Parisi sharing the news on Facebook, saying ‘F yeah can I brag for a minute?' and 'Best is yet to come...’
Steve is an award-winning editor and copywriter with 20 years’ experience specialising in consumer technology and video games. He was part of a BAFTA nominated developer studio as project manager for the UK’s first fully interactive digital TV channel. In addition to editing TheVirtualReport.biz, Steve contributes to PocketGamer.biz, PCGamesInsider.biz and BlockchainGamer.biz, as well as creating marketing content for a range of SMEs and agencies.
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