Unity Technologies, Inc. acquired Vivox, Inc. from Canaan Partners, GrandBanks Capital Inc., Benchmark, Ridge Ventures and Peacock Equity Fund for approximately $120 million.
January 28, 2019
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Unity Technologies, Inc. acquired Vivox, Inc. from Canaan Partners, GrandBanks Capital Inc., Benchmark, Ridge Ventures and Peacock Equity Fund on January 29, 2019. Vivox will become a wholly owned subsidiary of Unity Technologies, Inc. but will continue to operate independently. Existing Vivox staff including founder and Chief Executive Officer, Rob Seaver will stay on with Unity as the division continues to operate out of Framingham, Massachusetts. Eric McCrath of Morrison & Foerster LLP acted as legal advisor to Unity Technologies, Inc. Tom Ward, Mike Bevilacqua, Bill Caporizzo, Barry Hurewitz, Scott Kilgore, Doug Edwards, Cara Fonseca, Benjamin Kelsey, Cabell Massey and Meghan Walsh of Wilmer Cutler Pickering Hale and Dorr LLP acted as legal advisor to Vivox.
Unity Technologies, Inc. completed the acquisition of Vivox, Inc. from Canaan Partners, GrandBanks Capital Inc., Benchmark, Ridge Ventures and Peacock Equity Fund for approximately $120 million on January 29, 2019. The consideration of acquisition was paid for $123.4 million payable in a combination of $119 million in cash and $4.4 million of our common stock. The total purchase price includes 348,739 common shares issued by Unity Technologies.
Unity Software Inc. provides a platform for creating and growing interactive, real-time 3D (RT3D) content and experiences. Its set of software, including artificial intelligence (AI) solutions, supports creators through the entire development lifecycle as they build, run, and grow immersive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. Its platform consists of two complementary sets of solutions: Create Solutions and Grow Solutions. Create Solutions is a robust set of tools and services used to build, ship and run high-definition, real-time 2D and 3D content. Designed for developers, these tools and services are used across a range of industries ranging from games to aerospace, construction to retail, medical to manufacturing, and others. Grow Solutions offers customers to engage their user base and monetize their content from 2D puzzle games to multiplayer, multi-platform games, or other 3D interactive content.
Unity Technologies, Inc. acquired Vivox, Inc. from Canaan Partners, GrandBanks Capital Inc., Benchmark, Ridge Ventures and Peacock Equity Fund for approximately $120 million.
UNITY SOFTWARE INC. 
