Silver Lake and PIF reportedly held talks to acquire Unity
Published November 6, 2026 · Updated November 6, 2026 · 3 sources
Reports say Silver Lake and Saudi Arabia's PIF held preliminary talks to acquire game software provider Unity. No deal is assured, per IGN's account of Reuters.
What happened
A consortium including Silver Lake Partners and Saudi Arabia's PIF has reportedly held recent talks to acquire gaming software provider Unity, according to IGN, which cites a Reuters report [2]. The talks are described as preliminary, and no deal is assured [2].
IGN reports that a consortium including Silver Lake Partners and PIF approached Unity in recent weeks, citing a Reuters report based on confidential sources. Silver Lake already owns 8% of Unity [2].
The buyer group discussed a valuation of about $25 billion before Unity's latest earnings report, which lifted its market capitalization to roughly $21.5 billion [2]. Unity has reportedly been consulting an investment bank to evaluate its options [2].
Silver Lake and PIF previously teamed up with Jared Kushner's Affinity Partners to acquire Electronic Arts for $55 billion, a deal finalised in August [2]. The headlines of Wccftech and Kotaku also refer to the talks and the earlier EA purchase, and Kotaku's headline cites a $21.5 billion buyout [1][3].
Unity's game engine and development tools have been used to create thousands of mobile, console and PC games, including Genshin Impact, Hollow Knight, Among Us, Subnautica and Beat Saber [2].
Related companies and sectors
Sector relationship, not a demonstrated effect: ATLAS has no evidence that this story moves these companies' share prices. They appear for their activity in the sector and are shown with ATLAS data.
Video game publisher operating in the same gaming software and private-equity buyout landscape as the reported Unity deal. · Communication Services
Latest available close
$213.36Close of November 5
Fair value (ATLAS)
$218.20Fair range: $196.38 to $240.02The price ($213.36) is 2.2% below that figure: close to its fair value.
Chance of a rise in 1 month
50%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $200.10 and $227.52; 9 in 10, between $178.57 and $254.95.
Gaming platform developer whose creators build on game engine tools, placing it within the gaming software sector affected by the talks. · Communication Services
Latest available close
$47.65Close of November 5
Fair value (ATLAS)
$71.57Fair range: $56.57 to $92.07The price ($47.65) is 33.4% below that figure.
Chance of a rise in 1 month
45%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $40.02 and $53.93; 9 in 10, between $30.72 and $70.25.
Owner of PlayStation, a major gaming platform and content company operating in the same industry as Unity's customers. · Technology
Latest available close
$27.54Close of November 5
Fair value (ATLAS)
$39.97Fair range: $26.30 to $60.76The price ($27.54) is 31.1% below that figure.
Chance of a rise in 1 month
51%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $26.13 and $29.12; 9 in 10, between $23.74 and $32.06.
ATLAS model estimates put Take-Two's fair value at $218.20, with its November 5 close 2.22% below that value. For Roblox the estimate is $71.57, with the close 33.42% below, and for Sony Group it is $39.97, with the close 31.10% below. These are model estimates, not promises, and carry wide ranges.
This is a sector relationship, not a demonstrated effect: there is no evidence that this story moves these companies' share prices. The figures are based on closing prices and may change.
What you get with ATLAS
Fair value of each company, with its range, against today's price.
Chance of a rise in 1 month and the normal price range, from a calibrated model.
Earnings: next date, estimated EPS and surprise history.
Dividends and alerts by email when a company reports.
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 6, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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