Unity and ironSource announced that they have entered into a definitive agreement under which ironSource will merge into a wholly-owned subsidiary of Unity via an all-stock deal, where each ordinary share of ironSource will be exchanged for 0.1089 shares of Unity common stock. Upon closing of the merger, Tomer Bar-Zeev will join Unity's Board of Directors and serve as a key member of Unity's executive leadership team. In addition, two additional ironSource Directors will join the Unity Board of Directors upon closing of the transaction.

Bar-Zeev and other members of ironSource's management team, who will also assume leadership roles in the combined company, have an established track record of building a profitable, high-growth leader in the global app economy.