San Francisco-based Unity has sought strategic investors to join it in a business valued at over $1 billion during talks, said two of the people, declining to be identified as they were not authorised to speak publicly on the matter.
Unity declined to comment. Its share price closed up over 5% on the news on Tuesday.
The talks come as strained Sino-US relations exacerbate sensitivities over technology transfer and data handling across borders, prompting tech firms to reappraise their operations in China. At the same time, there is growing interest in expanding game-making software to new technologies such as the so-called metaverse, an immersive three-dimensional internet.
Unity entered China in 2012 and its eponymous software, known as a game engine, powers many of the country's most popular games such as \"Honor of Kings<\/a>\" from gaming<\/a> leader Tencent<\/a> Holdings Ltd and miHoYo's \"Genshin Impact<\/a>\".
Rivals include Tencent-backed Epic Games<\/a>, the US developer of the increasingly popular Unreal Engine<\/a> 5.
Unity's spin-off plan is being driven by a desire to see its software used more extensively in China in areas as varied as smart city modelling to industrial design, as well as in the metaverse, two of the people said. Potential investors Unity has been speaking to have made big bets on the metaverse, they said.
With China tightening data handling regulation<\/a>, Unity believes a spin-off would aid this expansion as it would give the unit more local ownership and autonomy over how it operates in the country, which could also increase its attraction to local government and state-owned partners, the people said.
The spin-off would be one of China's bigger technology deals this year as investment activity has slowed due to weak economic growth, COVID-19 outbreaks and regulatory tightening.
Unity China Chief Executive Zhang Junbo has been working on the plan for at least a year, two of the people said. Progress has been further slowed by Unity's share price sinking 80% since its November 2021 high amid weakness in U.S. tech stocks, and by a product missing performance expectations, they said.
Zhang disclosed Unity's China expansion ambition last month to local tech media outlet 36Kr without mentioning a spin-off, saying Unity was exploring ways to make its technology \"safe and controllable\" within China - a reference to the government's mandate for important technology to be controlled domestically.
He also said Unity would likely hire over a thousand engineers in coming years while expanding offices in Beijing and Guangzhou in addition to its main office in Shanghai.
Two of the people said Unity's Shanghai-based employees have been asked to sign contracts with the new entity, and that talks about an operating budget separate to its parent's are ongoing.
A local joint venture (JV) could help Unity \"gain a footing with sensitive industries such as governments and manufacturing that are seeking to modernise their operations with digital twins and real-time 3D enabled technologies,\" said Matthew Kanterman, director of research at Ball Metaverse Research Partners.
While forming a China JV carries risk - a notable example being a dispute between British chipmaker Arm and its Chinese unit - Kanterman said such JVs have worked well for many Western tech firms, such as HP Inc and Nokia Oyj.
\"Having the right local partners can help Unity succeed where others struggle,\" Kanterman said.
<\/body>","next_sibling":[{"msid":93315487,"title":"Twitter to let users know if an embedded tweet has been edited","entity_type":"ARTICLE","link":"\/news\/twitter-to-let-users-know-if-an-embedded-tweet-has-been-edited\/93315487","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"93313834","title":"Unity","entity_type":"IMAGES","seopath":"tech\/technology\/us-game-software-developer-unity-in-talks-to-spin-off-china-unit-sources\/unity","category_name":"US game software developer Unity in talks to spin off China unit: sources","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-680362\/93313834.cms?width=150&height=112","link":"\/image\/tech\/technology\/us-game-software-developer-unity-in-talks-to-spin-off-china-unit-sources\/unity\/93313834"}],"msid":93315506,"entity_type":"ARTICLE","title":"US game software developer Unity in talks to spin off China unit: Sources","synopsis":"San Francisco-based Unity has sought strategic investors to join it in a business valued at over $1 billion during talks, said two of the people, declining to be identified as they were not authorised to speak publicly on the matter.","titleseo":"telecomnews\/us-game-software-developer-unity-in-talks-to-spin-off-china-unit-sources","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2022-08-03 11:41:31","lastupd":"2022-08-03 12:04:38","breadcrumbTags":["unity","mvas\/apps","china","gaming","epic games","tencent","unreal engine","Honor of Kings","Genshin Impact","data handling regulation"],"secinfo":{"seolocation":"telecomnews\/us-game-software-developer-unity-in-talks-to-spin-off-china-unit-sources"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-08-03" data-index="article_1">
- Telecom乐动扑克News
- 3分钟阅读
美国游戏软件开发人员统一在分拆中国的谈判单位:来源
位于旧金山的统一寻求战略投资者加入会谈期间业务价值超过10亿美元,两人说,拒绝透露姓名,因为他们没有授权公开发言。
团结最出名的软件公司,我们开发软件用于设计游戏,是剥离其进行谈判中国单位,以帮助其在世界上最大的游戏市场扩张,四知情人士对路透表示。
位于旧金山的统一寻求战略投资者加入会谈期间业务价值超过10亿美元,两人说,拒绝透露姓名,因为他们没有授权公开发言。
统一拒绝置评。其股价周二收高5%以上的新闻。乐动扑克
会谈之际,中美关系紧张加剧敏感跨境技术转让和数据处理,促使科技公司重新评估其在华业务。与此同时,越来越多的兴趣,扩大的艺术性软件所谓metaverse等新技术,一个身临其境的三维网络。
2012年进入中国,其同名软件统一,称为游戏引擎,权力的许多国家最受欢迎的游戏,如“荣耀的君王“从游戏领袖腾讯控股有限公司和miHoYo的“源的影响”。
竞争对手包括Tencent-backed史诗般的游戏,美国的开发人员越来越流行虚幻引擎5。
统一的分拆计划受到渴望看到它的软件在中国更广泛领域的智能城市工业设计造型,以及在metaverse,两人说的。潜在投资者团结一直说在metaverse上下了很大的赌注,他们说。
与中国的紧缩政策数据处理规则、统一认为分拆将援助这一扩张给单位更多的当地所有权和自治在它如何运作,这也可以增加它的吸引力给当地政府和国有合作伙伴。
分拆将今年中国更大的技术交易的投资活动由于疲软的经济增长已经放缓,COVID-19暴发和监管收紧。
统一中国首席执行官张Junbo一直致力于该计划至少一年,两人说的。进展进一步放缓,统一2021年11月以来股价下跌80%高在疲软的美国科技股,产品丢失的业绩预期,他们说。
张上个月公布统一的中国扩张野心当地科技媒体没有提及剥离,36氪说团结是探讨如何使其技术“安全、可控”在中国——一个参考政府授权的国内重要的技术控制。
他还表示,统一在未来几年可能会雇佣一千多名工程师在扩大办公室在北京和广州除了其主要办公室在上海。
两人说统一的上海员工被要求与新公司签订合同,谈到一个营业预算单独的母公司正在进行。
当地合资企业(合资企业)可以帮助团结”等敏感行业站稳脚跟正在寻求政府和制造业现代化经营与数字双胞胎和启用实时3 d技术,”马修Kanterman说,研究主管球Metaverse研究合作伙伴。
而形成了中国企业进行风险——一个显著的例子是英国芯片制造商的胳膊,中国单位之间的争端——Kanterman说这样的企业已经对许多西方科技公司工作,如惠普公司和诺基亚公司。
“拥有合适的当地合作伙伴可以帮助统一成功在别人斗争,“Kanterman说。
位于旧金山的统一寻求战略投资者加入会谈期间业务价值超过10亿美元,两人说,拒绝透露姓名,因为他们没有授权公开发言。
统一拒绝置评。其股价周二收高5%以上的新闻。乐动扑克
会谈之际,中美关系紧张加剧敏感跨境技术转让和数据处理,促使科技公司重新评估其在华业务。与此同时,越来越多的兴趣,扩大的艺术性软件所谓metaverse等新技术,一个身临其境的三维网络。
2012年进入中国,其同名软件统一,称为游戏引擎,权力的许多国家最受欢迎的游戏,如“荣耀的君王“从游戏领袖腾讯控股有限公司和miHoYo的“源的影响”。
竞争对手包括Tencent-backed史诗般的游戏,美国的开发人员越来越流行虚幻引擎5。
统一的分拆计划受到渴望看到它的软件在中国更广泛领域的智能城市工业设计造型,以及在metaverse,两人说的。潜在投资者团结一直说在metaverse上下了很大的赌注,他们说。
与中国的紧缩政策数据处理规则、统一认为分拆将援助这一扩张给单位更多的当地所有权和自治在它如何运作,这也可以增加它的吸引力给当地政府和国有合作伙伴。
分拆将今年中国更大的技术交易的投资活动由于疲软的经济增长已经放缓,COVID-19暴发和监管收紧。
统一中国首席执行官张Junbo一直致力于该计划至少一年,两人说的。进展进一步放缓,统一2021年11月以来股价下跌80%高在疲软的美国科技股,产品丢失的业绩预期,他们说。
张上个月公布统一的中国扩张野心当地科技媒体没有提及剥离,36氪说团结是探讨如何使其技术“安全、可控”在中国——一个参考政府授权的国内重要的技术控制。
他还表示,统一在未来几年可能会雇佣一千多名工程师在扩大办公室在北京和广州除了其主要办公室在上海。
两人说统一的上海员工被要求与新公司签订合同,谈到一个营业预算单独的母公司正在进行。
当地合资企业(合资企业)可以帮助团结”等敏感行业站稳脚跟正在寻求政府和制造业现代化经营与数字双胞胎和启用实时3 d技术,”马修Kanterman说,研究主管球Metaverse研究合作伙伴。
而形成了中国企业进行风险——一个显著的例子是英国芯片制造商的胳膊,中国单位之间的争端——Kanterman说这样的企业已经对许多西方科技公司工作,如惠普公司和诺基亚公司。
“拥有合适的当地合作伙伴可以帮助统一成功在别人斗争,“Kanterman说。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动