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New Deal


Announced

Unity to acquire RestAR.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

computer vision

Majority

Israel

Pending

Private

Single Bidder

deep learning

Cross Border

Acquisition

Digital Services

Synopsis

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Unity, a platform for creating and operating real-time 3D content, agreed to acquire RestAR, a Tel Aviv-based computer vision and deep learning company. Financial terms were not disclosed. "The Covid-19 crisis accelerated the expansion of retail and other industries towards new consumer behavior and digital transformation. Alongside Unity, which has already established itself as a leader in rendering 3D content across multiple industries, RestAR, combined with Unity Forma will be a visual content game-changer for businesses and marketers across industries," Bar Saraf, RestAR CEO.

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