After buying EA, Silver Lake and PIF reportedly offer $25 billion for Unity
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The big picture: An investor consortium comprising American private equity firm Silver Lake Partners and Saudi Arabia's sovereign Public Investment Fund (PIF) has reportedly approached Unity Software with an offer to acquire the company at a valuation of around $25 billion. Unity is believed to be seriously considering the offer, and has hired an investment bank to advise it.
According to unnamed insider sources cited by Reuters, the offer was made weeks before Unity released its Q3 earnings report, which revealed a 59% increase in strategic revenue year-over-year and 134% growth in adjusted EBITDA. The report pushed the company's stock price up by roughly 4% and its market capitalization to around $21.5 billion.
It's unclear whether the offer will be revised to reflect the new market valuation or whether the growth was...
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