M&A Deal Summary

Unity Software Acquires SpeedTree

On July 22, 2021, Unity Software acquired software company SpeedTree

Acquisition Highlights
  • This is Unity Software’s 2nd transaction in the Software sector.
  • This is Unity Software’s 3rd transaction in the United States.
  • This is Unity Software’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2021-07-22
Target SpeedTree
Sector Software
Buyer(s) Unity Software
Deal Type Add-on Acquisition

Target

SpeedTree

Lexington, South Carolina, United States
Interactive Data Visualization is a creator of SpeedTree that develops software products with a focus on both off-line and real-time 3D applications for the game development, visual simulation, engineering visualization, and animation industries. SpeedTree was founded in 2000 and is based in Lexington, South Carolina.

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Buyer(S) 1

Buyer

Unity Software

San Francisco, California, United States

Category Company
Founded 2004
Sector Software
Employees4,987
Revenue 1.8B USD (2024)
DESCRIPTION

Unity Software is a platform for creating and operating real-time 3D (RT3D) content. Creators, ranging from game developers to artists, architects, automotive designers, filmmakers, and others, use Unity to make their imaginations come to life. Unity’s platform provides a comprehensive set of software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company’s 1,400+ person research and development team keeps Unity at the forefront of development by working alongside partners to ensure optimized support for the latest releases and platforms. Apps developed by Unity creators were downloaded more than three billion times per month in 2019 on more than two billion unique devices. Unity Software was founded in 2004 and is based in San Francisco, California.


DEAL STATS #
Overall 3 of 8
Sector: Software M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 7
State: South Carolina M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2021 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-09 VisualLive

Tempe, Arizona, United States

VisualLive is a technology company enabling the architecture, engineering, and construction (AEC) industry to reduce costs and increase efficiency by visualizing and collaborating in augmented reality (AR). VisualLive was founded in 2017 and is based in Tempe, Arizona.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-10 Parsec

Park City, Utah, United States

Parsec provides a high frame rate, low-latency remote desktop experience. The Parsec app is available for Windows, Mac, Linux, Android, Raspberry Pi, and the web, and Parsec's SDK allows its streaming technology to be leveraged across any platform. Parsec was founded in 2016 and is based in Park City, Utah.

Buy $320M