Parties
Company
Capgemini America, Inc.
Company
Unity Software Inc.
On February 22, 2024, Capgemini and Unity, a leading platform for real-time 3D (RT3D) content, expanded their strategic alliance through Capgemini's acquisition of Unity’s Digital Twin Professional Services arm. This transaction aimed to form one of the largest pools of Unity enterprise developers globally, enhancing the development and implementation of RT3D visualization software for digital twins in industrial applications. The deal, valued at an undisclosed amount, was expected to close in Q2 2024. The integration was set to allow end-users to better envision, understand, and interact with physical systems, thus driving intelligent industry advancements.
Unity’s team, with a five-year track record of developing real-time 3D solutions, was to be embedded within Capgemini, extending Unity’s software reach and scale. This move was seen as a strategic step to meet the growing enterprise demand for RT3D capabilities coupled with business transformation expertise. Capgemini planned to scale sector-specific solutions in high-demand areas such as automotive, healthcare, and manufacturing, including advanced simulations, human-machine interfaces, and immersive training.
Capgemini, which operates in Canada, offers various consulting, technology services, and digital transformation solutions across numerous sectors. They have a significant presence and are involved in numerous local projects, providing employment opportunities within the country?. This expansion with Unity underscores Capgemini's commitment to leveraging cutting-edge technology to transform industries in Canada and beyond.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
30 April 2024