Unity merges with IronSource

Unity today announced that it’s entered into an agreement with IronSource. The latter will merge with Unity and become a wholly-owned subsidiary.

The all-stock transaction values IronSource at about $4.4 billion and is expected to close on Q4 2022. Unity shareholders will own 73.5% of the combined company, while IronSource shareholders will own 26.5%. IronSource’s CEO, Tomar Bar-Zeev, will join Unity’s board of directors following the merger.