Could Unity Become The Next Adobe?

Unity Software (NYSE: U) initially looks like a gaming company. Its game engine, which simplifies the development of cross-platform titles, is used to create more than half of the world's mobile, console, and PC games. It also helps developers analyze their games and monetize them with in-app purchases, ads, multiplayer tools, and other services.

However, Unity's cloud-based tools can also be used to develop non-gaming digital experiences for the educational, enterprise, e-commerce, and mixed reality markets. Its recent acquisition of Weta Digital, which created the special effects for movies like The Lord of the Rings and TV series like Game of Thrones, also gives it a firm foothold in the filmmaking market.

Image source: Getty Images.

Source Fool.com