Unity, the company behind the game engine of the same name, and ironSource, a software company that specialises in monetising applications, have announced a merger deal.
Under the deal, ironSource will be merging into a “wholly-owned subsidiary of Unity via an all-stock deal.”
An all-stock deal is a process whereby shares in ironSource are exchanged for shares in Unity.
In this case, each ordinary share of ironSource will become 0.1089 of Unity common stock.