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New Deal


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Synopsis

Unity Technology, a platform for creating and operating real-time 3D, agreed to acquire Parsec, a streaming technology company, for $320m. “In the past year, companies and their employees have been collaborating and working together in fundamentally different ways. With the workplace becoming more flexible, teams expanding and collaborating across multiple locations and creators leveraging a myriad of new devices, it’s clear that the creative process will evolve from on premise devices to flexible and cost effective cloud architectures. Parsec has addressed the unique requirements to support this type of high-performance processing no matter where creators are, showcasing technology that is both highly innovative and prescient. We believe Parsec is a rocket ship and we’re very excited to support their future growth," Marc Whitten, Unity Senior Vice President and General Manager.

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