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New Deal


Announced

Unity, Alibaba, China Mobile, G-Bits, miHoYo, OPPO, PCI, and Douyin Group to form Unity China.

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

Private

Joint Venture

Pending

China

Software

Acquisition

Domestic

software

Majority

Synopsis

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Unity, a video game software development company, Alibaba, a technology company, China Mobile, a mobile telecommunication company, G-Bits, a developer of online games, miHoYo, a video game development and publishing company, OPPO, a consumer electronics company, PCI, and Douyin Group, agreed to form Unity China, a new regional joint venture. Unity China will unlock new opportunities for us to partner with local companies and increase our R&D investment to better serve the needs of the Chinese creator community.

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