Unity to acquire Parsec for $320M
investors.unity.com
Unity to acquire Parsec for $320M
1–10 of 97 posts
Re: Unity to acquire Parsec for $320M
#2Is there any way you ever make $320m back by selling a better performance version of teamviewer/remote desktop? Or is there some other play here - e.g. a Stadia/GeForce Now competitor?
Re: Unity to acquire Parsec for $320M
#3Interesting, I was expecting parsec to close shop after they stopped offering their paid hosting for gaming and refunded people's balance.
Looks like they just pivoted towards business users instead.
Anyway, congrats to the team!
Re: Unity to acquire Parsec for $320M
#4(disclosure: I work on the backend at Parsec)
For those who don't know either company: Unity is a popular 2D/3D commercial game engine, and Parsec is a low-latency remote desktop tool that initially focused on gaming, but pivoted to an enterprise product for remote creative teams during the pandemic.
Re: Unity to acquire Parsec for $320M
#5(disclosure: I work on the backend at Parsec) For those who don't know either company: Unity is a popular 2D/3D commercial game engine, and Parsec is a low-latency remote desktop tool that initially focused on gaming, but pivoted to an enterprise product for remote creative teams during the pandemic.
Congrats on the (hopeful) windfall!
Re: Unity to acquire Parsec for $320M
#6What's the goal here? Cloud hosted version of Unity? Support for cloud-hosted gaming?
Re: Unity to acquire Parsec for $320M
#7Congrats to the Parsec team! I remember using it several years ago when it was still fairly early on and it was impressive then. I wasn't sure if it was a model that could really take off at the time but glad to see it has.
Re: Unity to acquire Parsec for $320M
#8Is there any way you ever make $320m back by selling a better performance version of teamviewer/remote desktop? Or is there some other play here - e.g. a Stadia/GeForce Now competitor?
Unity can always cross-sell their services
from the press release
"Parsec has become a go-to solution for hybrid work models among gaming companies such as Electronic Arts, Ubisoft and Square Enix and is integrated in many of the industry verticals where Unity sells solutions, including media and entertainment, architecture and design, and more. Together, Unity sees an opportunity to drive shared momentum with these customers through targeted cross-selling and bundled solutions."
Re: Unity to acquire Parsec for $320M
#9Is there any way you ever make $320m back by selling a better performance version of teamviewer/remote desktop? Or is there some other play here - e.g. a Stadia/GeForce Now competitor?
Let me rephrase your question: can they sell three thousand more enterprise license seats by bundling this in? Because they’ll have made it back in a couple of years if they do.
Re: Unity to acquire Parsec for $320M
#10Is there any way you ever make $320m back by selling a better performance version of teamviewer/remote desktop? Or is there some other play here - e.g. a Stadia/GeForce Now competitor?
When Teamviewer was at its peak it was worth at least $100m, now I'm not so sure it got displaced by other competitors probably.
Edit: Somehow they got $460m revenue. Voila for Remote Desktop app. I would never thought they can make half a billion of dollars in revenue.