US game software developer Unity to spin off China unit to fuel expansion: Report

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HONG KONG: Unity Software, the US developer best known for software used to design video games, is in talks to spin off its China unit to help it expand in the world's biggest games market, four people with knowledge of the matter told Reuters. San Francisco-based Unity has sought strategic investors to jo

HONG KONG: Unity Software, the US developer best known for software used to design video games, is in talks to spin off its China unit to help it expand in the world's biggest games market, four people with knowledge of the matter told Reuters.

Rivals include Tencent-backed Epic Games, the US developer of the increasingly popular Unreal Engine 5. The spin-off would be one of China's bigger technology deals this year as investment activity has slowed due to weak economic growth, COVID-19 outbreaks and regulatory tightening.

 

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