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AppLovin Proposes $17.5 Billion Deal to Buy Unity Software

AppLovin Proposes $17.5 Billion Deal to Buy Unity Software

Chrys Hendricks by Chrys Hendricks
August 10, 2022
in Business
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AppLovin proposed an unsolicited merger with Unity Software a pact that would unite two large providers of tools for mobile-game developers.

The deal would value Unity at $58.85 a share, AppLovin said. That price equates to $17.5 billion based on the number of shares outstanding, as reported by FactSet. AppLovin said the deal gives Unity an enterprise value of $20 billion.

Chrys Hendricks

Chrys Hendricks

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