Business · Companies · 58 mins ago
Silver Lake and Saudi Fund PIF Discuss Buying Unity
Silver Lake and Saudi Arabia’s PIF have discussed buying Unity, the San Francisco-based company behind a widely used game-development engine.
Unity’s tools have helped create games including Genshin Impact, Among Us and Hollow Knight, and are also used in fields such as filmmaking and automotive design.
Silver Lake already owns about 8% of Unity and has invested $400 million in the company.
The investors discussed a valuation of about $25 billion before Unity’s latest earnings report, which put its market value at roughly $21.5 billion.
Silver Lake and PIF previously joined a consortium that acquired Electronic Arts for $55 billion.
Unity is consulting an investment bank to assess its options, but the talks remain preliminary and no deal is assured.
Silver Lake and Saudi Arabia’s Public Investment Fund have held talks about acquiring Unity Software, according to reports citing sources familiar with the discussions.
The investor group discussed valuing Unity at about $25 billion before the company’s latest financial report.
Unity’s market capitalisation was about $21.5 billion after the report, which showed its first GAAP-profitable quarter and revenue growth.
Talks are preliminary, and no deal is certain; Unity is consulting an investment bank to assess its options.
Silver Lake already owns an 8% stake in Unity, whose software is used in games and other industries.
- Who
- Unity Software, Silver Lake and Saudi Arabia’s Public Investment Fund are involved in the reported talks.
- What
- Silver Lake and PIF have discussed acquiring Unity through a consortium of investors.
- When
- The talks took place in recent weeks. Reports were published on November 6, 2026.
- Where
- Unity is based in San Francisco. The talks concern the company, not a stated meeting location.
- Why
- Not stated. Unity is consulting an investment bank to evaluate its options following the approach.
This story does not have two clearly opposing sides.
Silver Lake invested $400 million in Unity.
Silver Lake participated in a tender offer to purchase up to $525 million of Unity shares from common shareholders.
Unity completed its initial public offering at a valuation of $13.7 billion.
Silver Lake, PIF and other investors reportedly held talks about acquiring Unity.
The consortium discussed a valuation of about $25 billion.
Reports about the acquisition talks were published.
- Proposed valuation
- About $25 billion
- Unity market capitalisation
- Approximately $21.5 billion
- Silver Lake stake
- 8%
- Unity revenue in latest report
- $622.1 million, up 32%
- Unity location
- San Francisco
- EA acquisition value
- $55 billion
6 sources
After taking over EA, Saudi Arabia and their private equity cronies have reportedly held talks about buying Unity
Unity Is In $21.5 Billion Buyout Talks With Saudi Arabia’s PIF
After gobbling up EA, Saudi Arabia and private equity firm Silver Lake reportedly looking to buy Unity
Unity reportedly in acquisition talks with Silver Lake and Public Investment Fund, two firms involved in EA's $55bn buyout
After Buying EA, Silver Lake and PIF Are Reportedly Now Seeking to Acquire Gaming Software Provider Unity
Saudi Arabia owns EA, and according to a Reuters report, Unity is next
What people are saying
Unity has been working with an investment bank to evaluate its options following the approach
No deal is certain, and the plan and terms may still change
Strong growth in Unity's AI-powered Vector advertising platform helped it post its first quarterly profit on a GAAP basis since going public in September 2020