Unity Technologies recently reported better than expected earnings for the fourth quarter ended December 31. It reported revenues rose 39% to $220.3 million, but the company still reported a loss from operations of $80.8 million, wider than its loss of $48.6 million a year earlier. But Unity’s new investors (the company went public at a […]
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Verizon picks Unity as 5G MEC partner for 3D enterprise apps and games
Verizon’s 5G network needs highly responsive 3D content to drive demand, and Unity’s powerful 3D engine eases the process of creating that content — so a just-announced partnership between the top U.S. cellular company and popular development platform makes plenty of sense. The more interesting part is that the companies are collaborating to create new […]
Unity targets indie game developers with new growth program
Unity is launching its Game Growth Program to help indie game developers accelerate the adoption of their games. In the user-acquisition and marketing program, Unity will use its resources for user acquisition to help grow the downloads and revenues for indie games — addressing the biggest problem that developers face as their games get lost […]
Unity Raises $1.3B in Initial Public Offering, Surpasses Epic Games’ Valuation
Video game development platform and technology firm Unity Software completed its initial public offering Friday and began trading on the New York Stock Exchange. The Unity game engine developer raised $1.3B USD in the offering. The company sold 25M shares, which represent roughly 9.49% of the company’s total outstanding shares after the offering, at a […]
Unity Technologies raises more than $1.3 billion in IPO at $13.6 billion valuation
Unity Technologies has raised more than $1.3 billion in an initial public offering (IPO) at a $13.6 billion valuation. Unity makes tools for developers to create games and other computer-generated entertainment. San Francisco-based Unity filed its S-1 statement with the U.S. Securities and Exchange Commission a month ago, revealing its financials for the first time. Some […]
Unity Launches Its MARS Augmented Reality Tools June 1
Unity is launching its new augmented reality creation tools collectively known as MARS on June 1. The tools have been under construction for a few years now and are meant to make cross-platform development of robust augmented reality projects easier with Unity. According to Unity, the tools include: WYSIWYG authoring experience Author complex, data-oriented apps […]