Unity game engine attracts big cash from China's tech titans

Game engine vendor Unity has announced it will commence operations in China, and has attracted a who's who of local tech giants as investors. The company's announcement states that Alibaba, mega-carrier China Mobile, smartphone-maker OPPO, and Douyin Group – a subsidiary of TikTok developer ByteDance, thought to have been …

[Pascal Monett]

"Unity will retain majority ownership of the resulting joint venture"

Which will absolutely not matter if the local Chinaman with the Baton of Power decides otherwise.

Frankly, I just don't get why companies absolutely want to risk their IP in a country that makes everything possible to steal it, including not being able to fire the head honcho if you don't like him any more.

[Anonymous Coward]

Re: "Unity will retain majority ownership of the resulting joint venture"

Money? No risk, no gain. China is a big huge market, and has lots of money to spend.

[Snowy]

Re: "Unity will retain majority ownership of the resulting joint venture"

They may be a big market but China is crashing hard and by hard I mean very hard.

China just is not worth it, long term they want foreigners out to be replaced with Chinese tech. It is what China first is all about.