Silver Lake and Saudi Arabia's Public Investment Fund (PIF) aren't done shopping. After acquiring Electronic Arts, the investment duo is now reportedly seeking to buy Unity, the software provider behind one of gaming's two dominant engines, per IGN.

If the EA deal reshaped the publisher landscape, a Unity acquisition would reach deeper into the industry's plumbing. Unity's engine powers an enormous share of mobile games and a long tail of indie and mid-size PC and console titles, meaning its ownership touches thousands of studios that have no other relationship with the buyers. The company also runs a major ads and monetization business that sits underneath much of the mobile ecosystem.

The report arrives with Unity still rebuilding developer trust after its 2023 runtime-fee debacle, which triggered an industry revolt and a leadership change. A sale to the consortium that just absorbed EA would hand the same investors both one of gaming's biggest publishers and one of its foundational toolmakers — a concentration regulators and developers alike will scrutinize. Neither side has confirmed a deal, and talks at this stage may go nowhere.