Unity Software Inc. is a video game software development company based in San Francisco.
It was founded in Denmark in 2004 as Over the Edge Entertainment (OTEE) and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications. As of 2020, Unity Technologies has undergone significant growth despite reporting financial losses for every year since its founding in 2004.
Unity Technologies made its name as the world’s leading game engine, helping artists and developers in the gaming world render 3D worlds in real time. In 2018, though, Unity expanded its purview, bringing its technology to new industries such as automotive, film, and architecture, engineering, and construction.
Unity is a cross-platform game engine developed by Unity Technologies, first announced and released in June 2005 at Apple Worldwide Developers Conference as a Mac OS X game engine. The engine has since been gradually extended to support a variety of desktop, mobile, console and virtual reality platforms.
Unity is a great company that is set to benefit from the metaverse movement. The company is currently controlling the industry with only Epic Games, making the entry barrier high. Further, the company’s improving operations make Unity Technologies a great company.
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