Freddie Mac Forgoes Issuing a Reference Notes Security on its May 24, 2017 Announcement Date

/EINPresswire.com/ — MCLEAN, VA–(Marketwired – May 24, 2017) –  Freddie Mac (OTCQB: FMCC) announced today that it will forgo issuing a Reference Notes® security on its May 24, 2017 announcement date. The company’s 2017 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities. 

This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac’s Annual Report on Form 10-K for the year ended December 31, 2016, filed with the Securities and Exchange Commission (SEC) on February 16, 2017; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) since December 31, 2016, excluding any information „furnished” to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information „furnished” to the SEC on Form 8-K.

Freddie Mac’s press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company’s Annual Report on Form 10-K for the year ended December 31, 2016, and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company’s Web site at www.FreddieMac.com/investors and the SEC’s website.

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac’s blog FreddieMac.com/blog.

Work Starts on Globex’s High Grade Gold Property

/EINPresswire.com/ — ROUYN-NORANDA, QUEBEC–(Marketwired – May 24, 2017) – GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) is pleased to update shareholders as regards planned work to be undertaken by Enforcer Gold Corp. (TSX VENTURE:VEIN)(FRANKFURT:N071) on Globex’s Montalembert, high grade gold property. (See Globex Press Releases dated Nov 17, 2016, Dec 20, 2016, March 31, 2017).

An airborne VLF-EM survey was flown over the property in March to help define structural features such as folding, shearing and faulting which may control the emplacement of gold mineralization.

A comprehensive field program is now planned including:

  • Extending stripping, previous undertaken by Globex, along strike in both directions on the Galena and Number 2 quartz/gold bearing veins.
  • Undertaking channel sampling along the newly exposed vein extensions
  • Performing IP surveys over the known vein systems
  • Doing prospecting over the property
  • Ground follow-up of airborne geophysical anomalies.
  • 5,000 to 8,000 meters of large diameter diamond drilling.
  • Targeted 1,000 meters of reverse circulation drilling.

The drilling will initially be targeted at four high priority areas. Enforcer has committed over $2.2 million to the 2017 exploration program.

Globex has optioned 100% interest in the Montalembert property to Enforcer in exchange for $2.7 million in option payments, 8.5 million Enforcer shares and $15 million in exploration expenditures over a 4 year period. Should Enforcer acquire the property, Globex will retain a Gross Metal Royalty of 6% on the first 150,000 ounces of gold produced (9,000 ounces) and 3.5% GMR thereafter.

This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101

We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
CUSIP Number 379900 50 9

Forward Looking Statements

Except for historical information, this news release may contain certain „forward looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. („Globex”). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the „Annual Information Form” filed by Globex on SEDAR at www.sedar.com

Earth Alive Clean Technologies Admitted to Global Soil Partnership

/EINPresswire.com/ — MONTREAL, QUEBEC–(Marketwired – May 24, 2017) – Earth Alive Clean Technologies Inc. (CSE:EAC)(CSE:EAC.CN)(CNSX:EAC) („Earth Alive” or the „Company”), a leading Canadian Clean-Tech company, developer and manufacturer of innovative microbial technology products, is pleased to announce that it has been admitted to the Global Soil Partnership (GSP), hosted by the Food and Agriculture Organization of the United Nations.

„I am pleased to announce that Earth Alive is continuing to take on a leadership role in the business community in the area of microbial fertilizers”, stated Michael Warren, CEO of Earth Alive. „As we expand our international markets, we remain committed to delivering solutions for the sustainable management of soils, through the use of Earth Alive Soil Activator® to help farmers maintain healthy soils and reverse soil degradation.”

Frederic Perron-Welch, Director, Sustainable Development, noted, „Soil is a finite natural resource, but there is increasing degradation of global soil resources, in part due to unsustainable agricultural practices. The increasing degree and extent of soil degradation threatens this resource and urgent action is needed to reverse the trend and ensure food production for present and future generations. Exchanging knowledge and technologies with other stakeholders in the Partnership will help create healthy and productive soils for a more food secure world.”

Simon Neufeld, Chief Agronomist, added „Nutrient depletion reveals itself very quickly in the fragile soils farmed in many of the regions where food security is the biggest problem. It is necessary for us to apply innovative solutions to improve soil health for the future, not just preserve the soil of the present.” He concluded, „As a member of GSP, we have the opportunity to participate in transformational partnerships that encourage sustainable soil management around the world.”

About the Global Soil Partnership

The Global Soil Partnership (GSP) is a mechanism to develop a strong interactive partnership and enhanced collaboration and synergy of efforts between all stakeholders, from land users to policy makers. One of the key objectives of the GSP is to improve the governance and promote sustainable management of soils. The GSP has become an important partnership where global soil issues are discussed and addressed by multiple stakeholders. The vision of the GSP is to improve governance of the limited soil resources of the planet in order to guarantee healthy and productive soils for a food secure world, as well as support other essential ecosystem services. The mission of the GSP is to develop awareness and contribute to the development of capacities, build on best available science, and facilitate/contribute to the exchange of knowledge and technologies among stakeholders for the sustainable management and use of soil resources.

About Earth Alive Clean Technologies:

Earth Alive aims to be a key player in world markets of environmentally sustainable industrial solutions. The company works with the latest innovations in microbial technology to formulate and patent innovative products that can tackle the most difficult industrial challenges, once only reserved to environmentally harmful chemicals and additives. The Company is focused on environmental sustainability in the agriculture industry, and 2) dust control for the mining industry.

For additional company information, please visit: www.earthalivect.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as „plan”, „expect”, „project”, „intend”, „believe”, „anticipate”, „estimate” and other similar words, or statements that certain events or conditions „may” occur. Although Earth Alive believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Global $11.96 Billion Ferrosilicon Market Analysis By Application, End-use & Region, 2014-2025 – Research and Markets

DUBLIN, May 24, 2017 /PRNewswire/ —

Research and Markets has announced the addition of the „Ferrosilicon Market Analysis By Application (Deoxidizer, Inoculant), By End-use (Carbon & Alloy Steel, Stainless Steel, Electric Steel, Cast Iron), By Region (North America, Europe, Asia Pacific, Central & South America),Segment Forecasts 2014 – 2025” report to their offering.

The global ferrosilicon market is anticipated to reach USD 11.96 billion by 2025

The growing demand for ferrosilicon in steel and casting industry is expected to drive demand over the forecast period.

Growing demand for the product as an inoculant in the casting industry is expected to drive demand over the forecast years. In addition, the increasing utilization of the product for iron graphitization in the casting industry, coupled with the unavailability of substitutes, is expected to drive demand over the forecast period.

The increasing use of the product as a deoxidizer in the steel industry is expected to have a positive impact on the demand. However, the sluggish growth of the steel industry may restrain the growth of the deoxidizer segment. In addition, the increasing use of silicon slag as an inexpensive substitute for the product in various application industries may restrain industry growth during the forecast period.

The ferrosilicon market is fragmented in nature with Chinese manufacturers accounting for a majority of the share. However, major European players, including Elkem AS and Globe Specialty Metals, Inc., are spearheading the global industry. China and Russia are the major producers of ferrosilicon accounting for over 70% of the overall global production, as of 2015.

Further key findings from the report suggest:

Key Topics Covered:

4. Ferrosilicon Market: Application Outlook

5. Ferrosilicon Market: End-use Outlook

6. Ferrosilicon Market: Regional Outlook

7. Competitive Landscape

8. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/hh92l7/ferrosilicon

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

 

SOURCE Research and Markets

Com expectativa de crescimento, FENASUCRO & AGROCANA objetiva R$ 3,1 bi de movimentação financeira

SERTÃOZINHO, Brasil, 24 de maio de 2017 /PRNewswire/ — Boas expectativas e ânimo do setor marcaram o lançamento da FENASUCRO & AGROCANA – Feira Internacional de Tecnologia Sucroenergética nesta terça-feira, dia 23 de maio. O evento, o maior do mundo em seu segmento, comemora 25 anos em 2017 reforçando o seu papel propagador de novos conhecimentos e tendências, além da fomentação de negócios em toda cadeia produtiva.

São esperados 35 mil visitantes brasileiros e internacionais, que devem gerar R$ 3,1 bilhões em negócios e participar de mais de 300 horas de troca de informações através de palestras, workshops e conferências.

Entre as novidades anunciadas está a realização do Fórum de Produtores de Agroenergia em parceria com a Orplana, DATAGRO e Reed Exhibitions Alcantara Machado. O encontro inédito trará 500 produtores de cana, milho e beterraba açucareira de cerca de 40 países para uma discussão globalizada sobre produções, processos, suas convergências e divergências.

Outra novidade é a participação também pela primeira vez do Laboratório Nacional de Ciência e Tecnologia do Bioetanol (CTBE), apresentando soluções e pesquisas em um workshop sobre Bioeconomia.

OTIMISMO CONCRETO – a organização da feira está otimista diante de um cenário favorável de retomada do setor sucroenergético. Com 95% dos espaços já comercializados, esta edição abrigará mais de mil marcas em uma área de 70 mil m2. „Estamos muito confiantes em apresentar novas formas de fazer negócio como, por exemplo, a Ilha do Conhecimento, um modelo europeu, onde dois auditórios estarão equipados, preparados e disponíveis para expositores realizarem palestras sobre seus produtos e agilizar as compras e vendas durante o evento”, conta Paulo Montabone, Gerente Geral da feira.  

Para Aparecido Luiz, presidente do CEISE Br, o evento poderá ser palco da apresentação de ideias estratégicas para um novo e promissor momento do setor. „O governo brasileiro está perto de implantar o programa RenovaBio, visando aumento de 18% de participação dos biocombustíveis na matriz energética até 2030. Dessa forma, será preciso quase que dobrar a oferta de etanol, dos atuais 28 bilhões para 50 bilhões de litros, o que vai demandar novas unidades produtoras e, consequentemente, reaquecer a indústria de base e serviços.”, ressalta.

Serviço
Data:
22 a 25 de agosto de 2017
Local: Centro de Eventos Zanini, Sertãozinho/SP
Site oficial: www.fenasucro.com.br 

Contato: (17) 3322 6772

FONTE FENASUCRO & AGROCANA

SOURCE FENASUCRO & AGROCANA

Related Links

http://www.fenasucro.com.br

Burson-Marsteller Honored With Three EMEA SABRE Awards

NEW YORK, May 24, 2017 /PRNewswire/ — Burson-Marsteller, a leading global strategic communications and public relations firm, today announced it won three awards at The Holmes Report’s 2017 SABRE Awards EMEA. The awards honor superior achievement in branding, reputation and engagement across the Europe, Middle East and Africa region. The winners were announced last night at a gala ceremony in London.

„We are very proud of these award-winning campaigns and the teams that made them happen,” said Don Baer, Worldwide Chair and CEO, Burson-Marsteller. „Our EMEA team is leading some of our most innovative work in the world, and these awards are a great tribute to our colleagues and client partners across the region.”

Burson-Marsteller’s honors include:  

  • A Gold SABRE in the Chemicals and Industrials category for „a-ha – Eternalized by Hydro in Virtual Reality” – Norwegian Hydro with Burson-Marsteller Oslo
             
  • A Gold SABRE in the Educational Cultural Institutions category for „When the Ravann Makes Its Way to the Notation System” – ABAIM with Blast Burson-Marsteller
               
  • A Gold SABRE in the France geographic category for „This Cob is Amazing!” – French corn/maize industry bodies (AGPM, FNPSMS, Gnis) with Burson-Marsteller I&E

Burson-Marsteller also won two In2 SABRE Awards, which recognize excellence in various categories of innovation and insight—with an emphasis on content creation—as well as PR agency management and marketing. The firm was honored in the PR Agency Citizenship category for „G(irls)20 2016 Summit” on behalf of G(irls)20 and in the Thought Leadership in PR category for „Inside the Hearts and Minds of Arab Youth: The Eighth-Annual Arab Youth Survey 2016” developed by ASDA’A Burson-Marsteller.

„We are extremely honored to have our work recognized by The Holmes Report and the SABRE jurors,” said Ramiro Prudencio, CEO, Burson-Marsteller EMEA. „Just as importantly, we thank our clients for trusting us to push beyond convention and test boundaries to help their organizations succeed. These campaign awards recognize our terrific colleagues across the EMEA region who bring exceptional strategic and creative thinking to our clients every day. I am very proud of their great work.”

About Burson-Marsteller

Burson-Marsteller, established in 1953, is a leading global public relations and communications firm. It provides clients with strategic thinking and program execution across a full range of public relations, public affairs, reputation and crisis management, advertising and digital strategies. The firm’s seamless worldwide network consists of 77 offices and 85 affiliate offices, together operating in 110 countries across six continents. Burson-Marsteller is a part of Young & Rubicam Group, a subsidiary of WPP (NASDAQ: WPPGY), the world’s leader in communications services. For more information, please visit www.burson-marsteller.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/burson-marsteller-honored-with-three-emea-sabre-awards-300463452.html

SOURCE Burson-Marsteller

Related Links

http://www.burson-marsteller.com

Research and Markets – Global $4.52 Billion Functional Textile Finishing Agents Market 2014-2017 & 2025: Key Players are Dow Chemical Company, BASF, Bayer, Sumitomo Chemicals and Huntsman International

The global functional textile finishing agents market value is anticipated to exceed USD 4.52 billion by 2025

The rising consumer demand for protective fabrics due to growing health awareness and hygienic concerns is expected to steer the market growth in the coming years.

Increasing purchasing power and disposable income in the emerging economies including China, Russia, Brazil, and India is projected to increase the demand for functional textile finishing agents in the next nine years. However, strict regulatory guidelines adopted in the usage of chemicals due to its toxic impacts on human health and environment, it is anticipated to remain a vital challenge for the global manufacturers.

Repellant and release agents dominated the textile furnishing finishing agents market in 2015, with demand exceeding 250 kilo tons for the same year. It is projected to grow at an estimated CAGR of 4.8% from 2016 to 2025. Flame retardant chemicals accounted for over 22% of global consumption in 2015. Increasing usage of performance finishing agents to discover innovative value-added fabrics so as to strengthen existing product lines and diversify into new horizons is expected to further boost the industry growth over the forecast period.

Further key findings from the report suggest:

  • The global functional textile finishing agents demand was 1,114.2 kilo tons in 2015 and is anticipated to grow at a CAGR of 5% over the forecast period
  • Temperature regulation agents market is anticipated to reach a net worth exceeding USD 480 million by 2025
  • Asia Pacific market is expected to grow at an estimated CAGR of 5.5% from 2016 to 2025. Asian manufacturers are launching innovative performance finishing products to increase their customer base.
  • Expansion of multinational players in the region, along with growing local consumption and stable economic conditions is projected to support the regional growth in the coming years.
  • Market dynamics including strict regulatory amendments, technological advancements, and changing consumption and demand patterns are anticipated to impact the industry growth.
  • The global functional textile finishing agents market is consolidated with the top five companies to account for over 45% of the share in 2015.
  • Major companies identified in this industry include Dow Chemical Company, BASF, Bayer AG, Sumitomo Chemicals Co. Ltd. and Huntsman International LLC.

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Functional Textile Finishing Agents Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects, 2016 – 2025
3.3. Value chain analysis
3.4. Market dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Key opportunities prioritized
3.6. Industry analysis – Porter’s
3.7. PESTEL analysis, 2015

4. Functional Textile Finishing Agents Market: Product Outlook
4.1. Functional textile finishing agents market share by product, 2015 & 2025
4.2. Functional textile finishing agents demand by product, 2015 & 2025
4.2.1. Antimicrobial /Anti-inflammatory
4.2.2. Flame retardant 
4.2.3. Repellent and Release
4.2.4. Temperature Regulation
4.2.5. Durable Press/Wrinkle Resistant

5. Functional Textile Finishing Agents Market: Regional Outlook

6. Competitive Landscape
6.1. Company ranking analysis
6.2. Vendor landscape
6.3. Competitive environment
6.4. Company Market positioning
6.5. Strategy framework

7. Company Profiles

  • Dow Chemical Company
  • Sumitomo Chemicals Co., Ltd.
  • BASF SE
  • Bayer AG
  • Huntsman International LLC
  • Kiri Industries Limited
  • Omnova Solutions, Inc.
  • Kemira
  • Lubrizol Corporation
  • Archroma
  • Evonik Industries
  • Organic Dyes and Pigments LLC
  • Ethox Chemicals, LLC

For more information about this report visit http://www.researchandmarkets.com/research/cpvhnl/functional

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets—global-452-billion-functional-textile-finishing-agents-market-2014-2017–2025-key-players-are-dow-chemical-company-basf-bayer-sumitomo-chemicals-and-huntsman-international-300463358.html

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

Come One, Come All to the 14th Annual Avon Heritage Duck Tape® Festival „Circus Spectacular”

Don’t miss the chance to participate in this year’s thrilling sideshow attractions! The 2017 Duck Tape® Festival Fashion Extravaganza, where Duck Tape® makers can show off their one-of-a-kind Duck Tape® outfits on the Main Stage for a chance to win this year’s Grand Prize, a robust Cedar Point Amusement Park prize pack for four! To enter, each participant is required to wear at least one main article of clothing and one accessory made out of Duck Tape®. Every participant also will receive a $5 voucher that can be redeemed at the Duck Tape® Big Top Gift Shop and Sales Tent (located on festival grounds) toward their favorite Duck Tape® swag.

And, new this year, Duck Tape® Festival goers will be able to participate in a unique, interactive Duck Tape® art project creation station with recent University of Cincinnati fine arts graduate, Jake Brinkmann. Jake is no stranger to Duck Tape®, as he designed and constructed the 15-foot-tall Duck Tape® eagle sculpture for the 2016 Americana-themed Duck Tape® Festival. Come on down to the “Magnificent Maker” Creation Station tent to see him work his magic and help create a larger-than-life piece of Duck Tape® art.

Admission is free for this three-day event, which annually draws more than 60,000 duct tape enthusiasts from around the world.

And you don’t have to jump through a ring of fire to get there! The Avon Heritage Duck Tape® Festival takes place at Veterans Memorial Park, 3701 Veterans Memorial Parkway in Avon, Ohio:

  • Friday, June 16: 4 p.m. to 11 p.m.
  • Saturday, June 17: 11 a.m. to 11 p.m.
    • The Duck Tape® parade starts at 10 a.m., beginning at Avon High School and ending at Veterans Memorial Park
  • Sunday, June 18: 11 a.m. to 5 p.m.

Don’t forget to share the Festival fun on social! Use our new Snapchat geofilter, and tag us on Facebook® (facebook.com/ducktape), Twitter® and Instagram (both @theduckbrand) using #DuckTapeFestival. For more information about the Avon Heritage Duck Tape® Festival, visit DuckTapeFestival.com.

###

DUCK TAPE® BRAND DUCT TAPE
An American original, Duck® brand is known for its quality and innovation, which now includes a vibrant assortment of hundreds of colors, designs and licenses. Duck Tape® brand duct tape is available nationally at mass merchandise, craft, hardware, home center, food, drug, office, auto and specialty retailers in colors such as gold, electric blue, fluorescent pink, green and terracotta, and designs such as Galaxy, Love Tie Dye and Metallic Gold Stars.

Duck Tape®, marketed by ShurTech Brands, LLC, offers a vast array of innovative, forward-thinking solutions that help everyone – from DIYers to crafters – bring their ideas to life. The brand sets trends, inspires creativity and leads the way in crafting, DIY projects and more, giving you the tools you need to create anything you can dream. Visit duckbrand.com for additional product information. And, keep up-to-date on Duck Brand® news by joining our more than 5 million fans on Facebook® (facebook.com/ducktape), following us on Twitter® (@theduckbrand) and Instagram (@theduckbrand), following our boards on Pinterest® (pinterest.com/theduckbrand) and watching us on YouTube® (youtube.com/theduckbrand).

SHURTECH BRANDS, LLC
ShurTech Brands, LLC, markets DIY (Do It Yourself), EIY (Express It Yourself) and Home & Office consumer products under the Duck®, FrogTape®, T-Rex® Tape, Painter’s Mate Green® and Shurtape® brands. The company is a subsidiary of Shurtape Technologies, LLC, Hickory, N.C., an industry-leading producer of pressure sensitive masking, duct, packaging and specialty tape products, with facilities in the United States, Canada, United Kingdom, Germany, Mexico, Peru, United Arab Emirates and China. Shurtape services numerous markets, including industrial, packaging, HVAC, professional paint, auto, marine, aerospace, arts and entertainment, and retail. Shurtape also manufactures and markets the Shurtape® and Kip® brands. Visit shurtech.com for more information.

Facebook® is a registered trademark of Facebook, Inc.
Twitter® is a registered trademark of Twitter, Inc.
Instagram is a registered trademark of Instagram, LLC.
Pinterest® is a registered trademark of Pinterest, Inc.
YouTube® is a registered trademark of Google, Inc.

Contacts:

Falls Communications
Kristi Stolarski | 216.472.2371 | kstolarski@fallscommunications.com
Erica Tan | 216.472.4039 | etan@fallscommunications.com

Silver Lake Announces Strategic Investment in Unity Technologies

SAN FRANCISCO, May 24, 2017 /PRNewswire/ — Unity Technologies, the largest global development platform for creating 2D, 3D, virtual and augmented reality games and experiences, announced today an investment by Silver Lake, the global leader in technology investing, of up to $400 million in the company. The primary use of new capital will be driving growth in Unity’s augmented and virtual reality capabilities and in its core engine. Silver Lake Managing Partner Egon Durban will join Unity’s board of directors.

„Our mission to help game developers bring their disparate creative visions to life has enabled us to create a rapidly expanding global platform with enormous growth potential both within and beyond gaming,” said John Riccitiello, CEO of Unity. „We look forward to partnering with Silver Lake, with its proven technology industry expertise, to enhance Unity’s next stage of growth, allowing us to accelerate the advance of augmented and virtual reality in both gaming and non-gaming markets and continue to democratize development.”

Unity is the leading provider of mission-critical infrastructure for gaming. Every month, developers using the Unity platform create more than 90,000 unique applications, which are downloaded over 1.7 billion times per month. Over the past two years, the company has leveraged its long history as a game engine provider to expand into new offerings, including a market-leading in-game mobile ad network and a widely deployed analytics tool using machine learning and data science. Unity has also established 3D visualization and virtual and augmented reality partnerships with Facebook, Microsoft and Google, as well as non-gaming firms and institutions, including Gensler, NASA Jet Propulsion Laboratory and Audi.

The company is experiencing dramatic growth. At the end of the first quarter of 2017 unique devices containing apps made with Unity technology increased 40% year-over-year to more than two billion, and unique devices served every month by Unity’s ad network increased more than 50% year-over-year to approximately one billion.

„Unity’s revolutionary development platform and its exposure to strategic mobile, gaming, and virtual and augmented reality markets is poised to create multiple new high-growth opportunities for the company, its developer community, and its enterprise partners in the years to come,” said Durban. „We are very excited to partner with John Riccitiello and his world-class team, along with the company’s existing investors, to achieve Unity’s long-term strategic vision and realize its full growth potential.”

„It’s been a privilege to work with Unity as they’ve evolved from a small startup to the largest gaming development platform in the world,” said Roelof Botha, a Sequoia Capital partner. „In the past year, we’ve been blown away at how quickly they’ve written their next chapter of growth: they’re already the top choice for developers building augmented and virtual reality games.”

The transaction is subject to customary closing conditions.

About Unity Technologies
Unity Technologies is the creator of a flexible and high-performance end-to-end development platform used to create rich interactive 2D, 3D, VR and AR experiences. Unity’s powerful graphics engine and full-featured editor serve as the foundation to develop beautiful games or apps and easily bring them to multiple platforms: mobile devices, home entertainment systems, personal computers, and embedded systems. Unity also offers solutions and services for creating games, boosting productivity, and connecting with audiences including Unity Ads, Unity Analytics, Unity Asset Store, Unity Cloud Build, Unity Collaborate, Unity Connect and Unity Certification. Unity Technologies serves millions of registered developers including large publishers, indie studios, students and hobbyists around the globe. For more information, visit www.unity3d.com and to see the latest games and experiences created in Unity, go to madewith.unity.com.

About Silver Lake
Silver Lake is the global leader in technology investing, with about $39 billion in combined assets under management and committed capital and a team of approximately 100 investment and value creation professionals located in Silicon Valley, New York, London, Hong Kong and Tokyo. Silver Lake’s portfolio of investments collectively generates more than $140 billion of revenue annually and employs more than 300,000 people globally. The firm’s current portfolio includes leading technology and technology-enabled businesses such as Alibaba Group, Ancestry, Broadcom Limited, Cast & Crew, Ctrip, Dell Technologies, Fanatics, Global Blue, GoDaddy, Motorola Solutions, Red Ventures, Sabre, SoFi, SolarWinds, Symantec, and WME│IMG. For more information about Silver Lake and its entire portfolio, please visit www.silverlake.com

About Sequoia Capital
The Sequoia team helps a small number of daring founders build legendary companies. We spur them to push the boundaries of what’s possible. In partnering with Sequoia, companies benefit from our unmatched community and the lessons we’ve learned over 40 years working with Steve Jobs, Larry Ellison, John Morgridge, Jerry Yang, Elon Musk, Larry Page, Jan Koum, Brian Chesky, Drew Houston, Adi Tatarko and Jack Dorsey, among many others. In aggregate, Sequoia-backed companies account for more than 20% of NASDAQ’s total value. We’re proud that their success also fuels great causes. The vast majority of money we invest is on behalf of non-profits and schools like the Ford Foundation, Mayo Clinic and MIT, which means that the returns generated from the incredible achievements of founders can make a massive difference.

Media Contacts
Unity Technologies
Amanda Taggart
amandat@unity3d.com

Silver Lake
Patricia Graue, 212-333-3810
silverlake@brunswickgroup.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/silver-lake-announces-strategic-investment-in-unity-technologies-300463456.html

SOURCE Silver Lake