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UNITY SOFTWARE INC.

(U)
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Unity Software : SpeedTree« creator Interactive Data Visualization, Inc. (IDV) joins Unity

07/22/2021 | 12:28pm EDT

Unity acquires IDV, makers of the SpeedTree® suite of vegetation modeling and environment-creation products for architecture, games, visual effects, and real-time simulations.

In recent years, we've seen the worlds created in Unity grow exponentially more complex. Greater numbers of Unity creators want to bring large, complex, and lifelike worlds to their experiences. Trees and foliage are an essential part of such worlds, and we believe that SpeedTree offers the best solution for anyone who wants to quickly and efficiently add natural, organic-looking vegetation to environments.

SpeedTree technology is already being used widely across the game industry, from indies to AAA, in media and entertainment, and for architectural visualization projects. SpeedTree has been a key part of Unity's ecosystem for quite some time, and this acquisition will solidify and improve SpeedTree's integration into the Unity portfolio to make it even easier for creators to add organic elements to their projects.

The SpeedTree portfolio - SpeedTree Modeler, SpeedTree Engine, and SpeedTree Games SDK - provides visual creators with the means to realize their own artistic visions using powerful procedural and hand-modeling tools. Creators can also leverage the SpeedTree Library's comprehensive array of trees and foliage to start adding natural-looking assets to their experiences right away.

Disclaimer

Unity Software Inc. published this content on 22 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2021 16:27:10 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 1 060 M - -
Net income 2021 -459 M - -
Net cash 2021 1 022 M - -
P/E ratio 2021 -92,5x
Yield 2021 -
Capitalization 40 265 M 40 265 M -
EV / Sales 2021 37,0x
EV / Sales 2022 29,3x
Nbr of Employees 4 613
Free-Float 77,7%
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Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 142,52 $
Average target price 134,00 $
Spread / Average Target -5,98%
EPS Revisions
Managers and Directors
John Salvatore Riccitiello Executive Chairman, President & CEO
Luis Felipe Visoso Senior VP, Chief Financial & Accounting Officer
Ralph Hauwert Hauwert Senior Vice President-Research & Development
Joachim Ante Chief Technology Officer
Roelof Frederik Botha Independent Director
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