Acquisition

Article Types

Free Fire studio Garena acquires Phoenix Labs for an estimated $150 million News Jan 29th, 2020

Free Fire studio Garena acquires Phoenix Labs for an estimated $150 million

100 developers now under "Garena family"

TikTok owner ByteDance picks up Beijing AI developer LevelupAI News Jan 10th, 2020

TikTok owner ByteDance picks up Beijing AI developer LevelupAI

Expanding its games portfolio even further

Nexon sells off mobile developer Gloops for one Japanese yen News Jan 2nd, 2020

Nexon sells off mobile developer Gloops for one Japanese yen

Japanese studio was purchased for approximately $470 million in 2012

Animoca Brands snap ups Power Rangers: Legacy Wars developer nWay for $7.69 million News Dec 16th, 2019

Animoca Brands snap ups Power Rangers: Legacy Wars developer nWay for $7.69 million

Animoca "immensely excited about the nWayPlay platform"

Rumours suggest iDreamsky is attempting a leveraged buyout of Leyou News Dec 9th, 2019

Rumours suggest iDreamsky is attempting a leveraged buyout of Leyou

Deal reported worth $1.4 billion

Deca Games plays F2P’s long tail, buying 4 one-time hits from GREE News Oct 17th, 2019

Deca Games plays F2P’s long tail, buying 4 one-time hits from GREE

Including Knights and Dragons and Crime City

M&A, hyper-casual and chat app gaming: Zynga COO talks future strategy Interview Sep 12th, 2019

M&A, hyper-casual and chat app gaming: Zynga COO talks future strategy

Zynga has had a busy few years

Animoca Brands acquires digital marketplace Quidd for up to $8 million News Aug 9th, 2019

Animoca Brands acquires digital marketplace Quidd for up to $8 million

$8 million was raised in strategic capital funds

NetEase acquires minority stake Fallout Shelter dev Behaviour News Jul 16th, 2019

NetEase acquires minority stake Fallout Shelter dev Behaviour

Influence of Chinese companies increases at Canadian firm following last year's deal with GAEA

China's Shanghai Fukong hasn't sold Jagex just yet News Jul 12th, 2019

China's Shanghai Fukong hasn't sold Jagex just yet

Reported sale was just one option that was being explored by the Chinese entertainment giant

Nexon acquires majority stake in Embark Studios News Jul 2nd, 2019

Nexon acquires majority stake in Embark Studios

Former EA chief design officer and DICE founder Patrick Söderlund heads up the studio

Gumi Cryptos acquires $1.67 million worth of shares in Double Jump.Tokyo News Jun 26th, 2019

Gumi Cryptos acquires $1.67 million worth of shares in Double Jump.Tokyo

As part of this acquisition deal Gumi Cryptos received 891 non-voting shares

Netmarble, Kakao and others submit final bids for Nexon News Jun 3rd, 2019

Netmarble, Kakao and others submit final bids for Nexon

KKR & Co, Bain Capital and MBK Partners also join the fray, but there's no direct deal from Tencent

Tencent acquires Malmo developer Sharkmob News May 22nd, 2019

Tencent acquires Malmo developer Sharkmob

“We view the future of online gaming the same way and Tencent being a leading internet and games platform gives Sharkmob the reach and resources to be a part of that future"

Rockstar acquires Indian developer Dhruva Interactive for $7.9m News May 13th, 2019

Rockstar acquires Indian developer Dhruva Interactive for $7.9m

Starbreeze sells majority stake in studio for $600k less than it paid

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