Unity rejects AppLovin’s $20 billion merger offer

Unity rejects AppLovin’s $20 billion merger offer

2 years ago
Anonymous $Dcz6_RW03I

https://techcrunch.com/2022/08/15/unity-rejects-applovins-20-billion-merger-offer/

Unity announced this morning that it is committed to its merger with ironSource and will reject AppLovin’s $20 billion proposal.

Last month, the news broke that Unity — a widely-used game engine — would merge with ironSource, a mobile app monetization and distribution company. But the Israeli company’s larger competitor AppLovin submitted an unsolicited takeover bid to Unity with the condition that they terminate their deal with ironSource.