The launch of Google's Universal Analytics is ideal for helping businesses understand the changing multi-devices so they can better leverage the data.
Google's Universal Analytics introduces a set of features that will change the way data is collected and organized in your Google Analytics account.

Announcement is made on 22nd march And Read About their Set up Scheme , Features From Same Blog ..

UA can be exacted in two ways:

Create a new account or a property.
Create a property within an existing account meant to be used exclusively for UA.

To know What is new In Universal Analytic , Should people Switch to UA now ?And Effects on SEO , Difference Between UA and Google Analytic Visit blog .