Silver Lake

Silver Lake is a private-equity group that has partnered with Larry Ellison's Oracle and Abu Dhabi's MGX to own 80.1% of the new TikTok US joint venture, allowing it to continue operating in the US while complying with a 2024 law aimed at addressing national security concerns. The deal marks the culmination of years of legal and political uncertainty surrounding TikTok's presence in the country. With this move, Silver Lake becomes involved in the tech industry through its partnership with TikTok, further expanding its influence in the global market. This development is significant as it highlights the growing importance of private equity firms like Silver Lake in shaping the tech landscape.