Unity acquires IronSource. Total equity $4.4 billion merger transaction — And investor sentiment for the two companies was largely mixed in the news. From the report: The two groups announced that they had reached a final agreement for IronSource (ticker: IS) to become a wholly-owned subsidiary of Unity (U). Unity shareholders will own nearly 74% of the merged company after the merger. Shares of Unity, a software group primarily focused on video games, fell 7% in US pre-open trading on Wednesday, while shares of IronSource surged 52%. IronSource is an Israeli software group that primarily enables mobile content creators to scale their apps and businesses.
Unity acquires IronSource for $4.4 billion
Source link Unity acquires IronSource for $4.4 billion