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Benzinga

Business

Chris Katje

AppLovin offers to acquire Unity in $20B deal

Unity AppLovin APP ironSource NYSE Unity Software Inc

Mobile app company AppLovin (NASDAQ:APP) wants to buy Unity Software Inc. (NYSE:U), a software and gaming platform company. Here are the details.

What Happened: AppLovin submitted a non-binding proposal to combine with Unity. The Palo Alto, California-based company believes the combination would boost shareholder value and "create an unprecedented full-stack solution for developers to create, monetize, measure and grow games.”

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