Welcome to our dedicated page for Unity Software news (Ticker: U), a resource for investors and traders seeking the latest updates and insights on Unity Software stock.
Unity Software Inc. (NYSE: U) is the world's leading platform for creating and operating real-time 3D (RT3D) content. Unity's comprehensive software solutions enable game developers, artists, architects, automotive designers, filmmakers, and other creators to bring their imaginations to life. The platform supports the creation, operation, and monetization of interactive, real-time 2D and 3D content across a wide range of devices, including mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices.
Unity powers the world’s most dynamic digital content, serving various industries such as gaming, architecture, animation, and design. In 2021, Unity's platform supported an average of 3.9 billion monthly active end users who consumed content created or operated with its solutions. The applications developed using Unity's platform were downloaded approximately five billion times per month.
Unity's global presence spans the United States, Greater China, EMEA, APAC, and Other Americas, with key revenue derived from the EMEA region. The company's products are pivotal in the gaming industry, architecture and construction sector, animation industry, and designing sector.
Recently, Unity has been at the forefront of spatial computing, showcasing its platform's capabilities at major events like the Augmented World Expo (AWE). Unity's tools enable creators to build and grow real-time games, apps, and experiences across multiple platforms, including Apple's Vision Pro. Unity continues to innovate and expand its offerings, making significant strides in industries beyond gaming.
For more information, please visit Unity's website. Download Unity at Get Unity and explore career opportunities at Unity's Careers Site.
Unity (NYSE: U), renowned for its game development platform, announced that Jarrod Yahes will be the new SVP and Chief Financial Officer effective January 1, 2025. Yahes, previously CFO at Shutterstock, led significant expansions in 3D content and digital advertising. Unity's CEO, Matt Bromberg, praised Yahes' operational and growth expertise. This follows the recent hiring of Steve Collins as CTO. Unity emphasizes its unique position in supporting developers throughout the game lifecycle. The company will release its Q3 2024 financial results today, November 7, 2024, followed by a webcast at 2 p.m. PT/5 p.m. ET.
Unity (NYSE: U) has appointed Steve Collins as its new Chief Technology Officer (CTO) to strengthen technical leadership and accelerate product innovation, quality, and stability. Collins brings extensive experience from his previous roles as CTO at King (creators of Candy Crush) and co-founder/CTO of Havok physics engine. He also served as CTO at Swrve and founded the computer graphics research group at Trinity College Dublin. Unity's CEO Matt Bromberg emphasized Collins' deep technical expertise in gaming and marketing technology, highlighting his understanding of developer needs.
Unity (NYSE: U) has announced that it will release its third quarter 2024 financial results after the market close on November 7, 2024. The company will host a webcast to discuss the results at 2 p.m. PT/5 p.m. ET on the same day. Investors and interested parties can access the webcast and financial results through Unity's Investor Relations website at investors.unity.com. For those unable to attend the live event, a replay of the webcast will be made available on the same website.
Unity (NYSE: U) announced at its annual 'Unite' developer conference that Unity 6, the most stable and performant version of its game development platform, will launch globally on October 17, 2024. Unity 6 offers developers customizable graphics rendering, simplified multiplayer game development, and robust tools for web browser-optimized games. The first update, Unity 6.1, is scheduled for April 2025.
Notable features include support for foldable and larger screen formats, Deferred+ rendering in GPU Resident Drawer, and new build targets and profiles. Unity will also release Time Ghost, a demo showcasing Unity 6's capabilities, and optimize the Fantasy Kingdom demo for mobile using URP. The 16th Annual Unity Awards nominees will be announced, with voting open until October 4, 2024, and winners revealed on October 23, 2024.
Unity (NYSE: U) has announced that Jim Payne will join the company as Chief Product Officer for Advertising, effective August 12, 2024. Payne, a co-founder of MoPub and MAX Advertising Systems, brings a wealth of experience from his recent venture, CloudExchange. Unity is acquiring the assets of CloudExchange to enhance its advertising business. This follows the recent hiring of Alex Blum as Senior Vice President of Corporate Development. Unity aims to capitalize on the $150 billion mobile advertising market, driving innovation and growth in its advertising division.
Unity (NYSE: U) has announced that it will release its second quarter 2024 financial results on August 8, 2024, after the market closes. Following the release, a webcast will be held at 2 p.m. PT/5 p.m. ET to discuss the results.
The webcast and shareholder letter will be accessible via Unity's Investor Relations website, investors.unity.com. Additionally, a replay of the webcast will be available on the same platform.
Unity (NYSE: U) will showcase its cutting-edge 3D and XR technologies at the 2024 Augmented World Expo (AWE) from June 18-20 in Long Beach, California.
Attendees will witness how Unity's tools are transforming industries such as retail and automotive by improving operations and generating new revenue streams.
Unity will also host a Vision Workshop on June 17, focusing on leveraging visionOS support and PolySpatial tools for Apple Vision Pro.
Live demos will highlight applications like real-time data syncing with virtual environments and industrial uses ranging from retail to manufacturing.
Unity 6, along with Cloud Workflows and Pixyz Engine, will be introduced to enhance multi-platform experiences and business solutions.
Unity (NYSE: U) announced the 2024 Unity for Humanity grant recipients, awarding $500,000 in bespoke grants to eight innovative projects. These winners, chosen for their vision, impact, inclusion, and viability, will also receive technical support from Unity. Notable participants include multi-platinum singer-songwriter Jewel as a guest judge. Winning projects focus on diverse issues such as Indigenous wisdom, ocean conservation, sign language, superhero narratives, congenital heart disease, climate change, mental health, and youth violence. Honorable mentions include projects empowering the visually impaired and promoting environmental justice. Unity aims to support creators driving positive global change.
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