John Riccitiello, CEO of Unity Technologies, Says Company Could Go Public Now
If you play video games on your phone, there is a good chance you have played a game powered by Unity Technologies. The company's software is used for games on nearly 3 billion devices worldwide, and also helps scientists explore the innermost parts of the universe.
One of Unity's partners is [CERN, the European Organization for Nuclear Research](https://home.cern/), which runs one of the world's most powerful particle accelerators in Switzerland. Scientists there use the company's visualization tools, like the real-time 3D development platform, augmented reality, and virtual reality tools that are used to make video games.
"They use it to look at the particles as they bombard each other," said John Riccitiello, Unity's CEO, in an interview with Cheddar. "They're tired of looking at 20,000 pages of [histograms](https://home.cern/scientists/updates/2015/09/big-data-takes-root)."
Industry leaders in science and transportation have turned to the software company to build more dynamic products and tools that can be used outside of video games, Riccitiello said. And Utility is also looking to better serve "prosumers" ー the professional creators who use technology to build new products. There are an estimated half a million prosumers toying around with Unity's tools.
"I want to see that number go into the many millions," he said. "The world's a better place with more creators."
The company may also go public. "That's the general path," said Riccitiello. "We're not putting out dates but I do believe the company is strong enough financially to go public now."
He said the company has around $300 million in revenue and is seeing "very aggressive growth."
For full interview, [click here](https://cheddar.com/videos/the-power-of-unity)
The former chief executive of Japanese beverage giant Suntory has acknowledged he was investigated on suspicion of possessing an illegal drug but has asserted his innocence despite resigning from his position.
Kellie Romack, Chief Digital Innovation Officer at ServiceNow, reveals the company’s latest announcement and how it’s shaping the future of work and tech.
Raina Moskowitz, CEO of The Knot Worldwide, unpacks the 2025 Global Wedding Report, from Gen Z trends to how Taylor Swift's wedding could reshape the industry.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
