11 Hrs
الاقتصادية
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الاقتصادية

2026-11-06T07:45:23.928Z

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Saudi PIF in Unity Talks

Saudi PIF in Unity Talks

Saudi Arabia’s Public Investment Fund is in talks with Silver Lake Partners and other investors to acquire Unity Software, a company specializing in video game development software, Reuters reported. The potential deal aligns with Saudi Arabia’s efforts to bolster its gaming sector. The country’s national strategy aims to add more than 50 billion riyals to GDP, drawing on a player base of over 23.5 million. The talks came as Unity announced that its revenue rose 32% in the third quarter to $622.1 million, with adjusted earnings per share of 44 cents.

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