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AppLovin abandons effort to acquire Unity after $20 billion bid was rejected

AppLovin abandons effort to acquire Unity after $20 billion bid was rejected

AppLovin logo is seen at the company’s booth one day before the China Digital Entertainment Expo & Conference (ChinaJoy) at Shanghai New International Expo Center on August 1, 2019 in Shanghai, China.

VCG | Visual China Group | Getty Images

Game developer AppLovin said it’s giving up on its effort to buy Unity.

After Unity shareholders

the $20 billion bid last month, AppLovin said on Monday that it won’t submit another proposal to…

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