Search results
Results From The WOW.Com Content Network
John Riccitiello found that out the hard way when he "retired" with immediate effect as chairman and CEO of a stock-listed company called Unity Technologies after spotting what he thought was a ...
(Reuters) - Video-game software maker Unity said on Monday John Riccitiello would retire as chief executive officer, effective immediately. The company has appointed James Whitehurst as interim ...
John Riccitiello will retire as Unity Technologies’s president, CEO and chairman effective immediately, the video-game and 3D content software company said. Riccitiello’s resignation comes ...
John Riccitiello (/ r ɪ k ɪ ˈ t ɛ l oʊ /) is an American business executive. Previously, he was chief executive officer, chief operating officer and president of Unity Technologies , Electronic Arts , and co-founded private equity firm Elevation Partners in 2004.
CEO John Riccitiello explained that the layoffs were meant to reduce overlap and shelve certain projects to ensure the company's future strength. [91] Later, on November 29, 2023, Unity announced an additional 265 layoffs, constituting 3.8% of its workforce, as part of a "company reset," according to Reuters.
Unity will also receive a $1 billion investment from Sequoia Capital and Silver Lake once the deal is closed. [74] In August 2022, AppLovin made an unsolicited offer to buy Unity in exchange for $17.54 billion in an all-stock deal. The proposed merger would result in the former Unity CEO John Riccitiello becoming the CEO of the combined entity ...
For premium support please call: 800-290-4726 more ways to reach us
Former CEO John Riccitiello said in an interview that he believes this to be a side-effect of Unity's success in democratizing game development: "If I had my way, I'd like to see 50 million people using Unity – although I don't think we're going to get there any time soon. I'd like to see high school and college kids using it, people outside ...