Unity, the gaming development software company, has agreed to buy mobile ad tech firm ironSource. The $4.4 billion all-stock deal announced Wednesday will help Unity beef up its advertising tools in the face of Apple’s privacy changes. The deal values Israel-based ironSource at much less than the $11 billion valuation it landed when it went public via a Thoma Bravo-backed SPAC last year, and...
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Sumo Logic Cuts Staff After Francisco Partners Takeover
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the...
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