Growing Into Germany
iCandy sets sights on the metaverse with a 60% stake in Flying Sheep Studios
Total consideration for the stake is $2.14 million
Developer Deals
Keywords Studios enters conditional $32.5 million acquisition of Forgotten Empires
Maximum value of the acquisition, with initial cash consideration of $15.75 million
How To Say "welcome" In Simlish
Playstack acquires Magic Fuel Games, reunites EA veterans
The deal brings Magic Fuel's exec team, including Kevin Shrapnell, together with Playstack CEO Harvey Elliot, following previous collaboration on the SimCity franchise
Hot Five
Hot Five: Mobile to exceed 60% of games industry, Diablo Immortal won't be released in Belgium, the Netherlands, and EA pursues merger with Apple, Amazon, Disney, NBC
The hottest news articles on PG.biz
Welcome To The Family
Zynga acquisition by Take-Two now completed
Acquisition completed on May 23
Alleged Acquisition Aspirations
Electronic Arts sought acquisition from Disney, Apple, Amazon, NBC
NBCUniversal came closest to deal thus far
Acquisition
Dead by Daylight developer acquires Midwinter Entertainment
Midwinter founded by Halo and Farmville veterans
Take-20
Take-Two to release 20 mobile games separately from Zynga
Mobile release of GTA: The Trilogy – The Definitive Edition seemingly delayed, scheduled within fiscal 2023
Ip Integration
Curve Games acquires Hue developer Fiddlesticks Games
Acquiring all IP and assets relating to the Hue franchise
Growing In Germany
exmox acquires Testerheld to develop new portfolio features and content
Developing platforms and generating new features
Frvr Pitch
FRVR acquires F2P first-person shooter Krunker.io
Title acquired for an undisclosed amount
Gimme That
Despite record Q1 2022 for declared M&A, value of closed deals decreased
23 per cent decrease in closed deals over 2021, although significant spike throughout rest of 2022 anticipated should MS/Acti, Take-Two/Zynga, and Sony/Bungie deals complete
Ubisoft Alone
Ubisoft to bet on mobile, F2P as annual sales fall
CEO Yves Guillemot moves to quash acquisition rumours in investors call
Take Me On A Journey
Rovio targeting one major, Angry Birds Journey-scale, release annually
Alex Pelletier-Normand and René Lindell, CEO and CFO of Rovio respectively, open the Rovio capital markets day 2022 with a profile of Rovio’s growth opportunities
Most Read
Hot Five: Tilting Point bullish on blockchain, Warcraft Arclight Rumble, and Zynga’s Bernard Kim to join Match Group
The hottest news articles on PG.biz
Insight
What is driving the insatiable demand for mergers and acquisitions?
Ampere Analysis' Piers Harding-Rolls pinpoints the driving forces, impactful newcomers, and outside competition behind Q1 2022's groundbreaking M&A in his monthly column
News
New York City files suit against Activision Blizzard
Suit states acquisition by Microsoft severely undervalues ActiBlizz, and CEO Bobby Kotick “was unfit to negotiate a sale of the company”
Not That Wordle
AppLovin acquires Wordle! (no, not that one)
Wordle! iOS game, released in 2016, now managed by Lion Studios Plus
I Got It
Zynga was right about Turkey. What’s next in the acquisition boom?
Zynga president of publishing Bernard Kim details the company’s success in supporting the Turkish mobile games industry, and his thoughts on the sustainability of M&A
Deus Ex Machina
Embracer Group agrees to acquire Square Enix Montréal, Eidos, Crystal Dynamics
Development studios and IP to be sold for $300 million
Acquiring Axesinmotion
Media and Games Invest acquires AxesInMotion in entirety for $58 million
Up to $116 million additional earn-out payment
Pg Connects Seattle
Pocket Gamer Connects Seattle – the editor's picks for unmissable sessions
Editor Khai Trung Le gives his lineup of essential talks, panels, and sessions in PG Connects Seattle, taking place on May 9-10
Possibility And Potential
Ubisoft could soon receive numerous buyout offers
Mobile games industry investors Blackstone and KKR among the "numerous" firms interested in Ubisoft takeover
Report Reveals
Drake Star Partners: Q1 2022 games industry deals casts shadow over entirety of 2021
More deals in mobile than any other gaming segment
Ruby To Red
Rovio CEO commits to future acquisitions
Following the acquisition of Ruby Games in 2021, Rovio’s Alex Pelletier-Normand is bullish about acquisitions remaining “an important part of our strategy moving forward”
The Wheels Of Eden
Animoca Brands acquires Eden Games to bring blockchain to racing games
Will bring additional utility to Animoca's NFT Race Passes
Selling Senior Notes
Take-Two unveils funding strategy for Zynga acquisition
Selling $2.7 billion in senior notes on April 14
Niantic Adds Nzxr
Niantic acquires New Zealand-based AR studio NZXR
Will become "integral part" of design and development teams for location-based AR titles
Combine And Continue
Flexion acquires influencer marketing agency Audiencly for $10.4 million
Will explore new revenue and UA opportunities in a wider market
Bagging Boss Fight
Netflix boosts mobile games approach with acquisition of Boss Fight Entertainment
Second mobile games studio acquisition this month
Blending Blockchain
FTX acquires Good Luck Games to encourage blockchain integration in games
A promise of "ethical" blockchain implementation on mobile and PC
Most Read
Hot Five: Tripledot acquires Live Play Mobile, Bandai Namco Mobile trials four-day working week, and Sega licences out Sonic the Hedgehog mobile titles
The hottest news articles on PG.biz
Time For Fun
Tripledot acquires mobile game livestream platform Live Play Mobile
Looks to aggressively scale its live bingo game
Budge In
Tilting Point acquires children's mobile game developer Budge Studios
Gains access to popular children's IP
Hypercasual Knowhow
Homa Games acquires RisingHigh Academy for hypercasual development
Aims to create an "active and supportive" hypercasual games community
Server Services
Overwolf acquires server monetisation firm Tebex for $29 million
Generated over $500 million for creators since launching
Reaching Rpgs
Ten Square Games acquires 24.8% of Gamesture for $3.5 million
Will expand the firm's portfolio to include RPGs, such as Questland and Slash & Roll
Most Read
Hot Five: Supercell removes games from Russia, Netflix Games appoints Roberto Barrera, and Embracer Group completes Asmodee acquisition for $3.01 billion
The hottest news articles on PG.biz
Ar Acquisition
Niantic acquires 8th Wall to empower AR metaverse
Expanding the reach of Niantic Lightship tools
Aquisition Approved
Update: Embracer Group acquires Asmodee for $3.01 billion
Additional consideration of almost $400 million to be paid upon conditions being met
Eyes On Activision
Bobby Kotick stepping down from Coca-Cola to focus attention on Activision Blizzard
Following acquisition by Microsoft
Expanding In Europe
Mobile Premier League expands in Europe with GameDuell acquisition
First move in free-to-play space
Scaling Studios
SciPlay acquires Alictus in $100 million all-cash transaction
Initial acquisition of 80 per cent
Stranger Things To Come
Netflix to acquire Finnish mobile studio Next Games
Acquisition valued around €65 million.
Blown Away
Mobile games investments surpassed $741 million in Q4 2021
Investments reached almost $4 billion in Q4 2021
Revving Up
Animoca Brands acquires Torque Burnout dev Grease Monkey Games
Indie dev will align focus with P2E, NFT, and blockchain operations
Studio Shares
Krafton acquires Smash Legends dev 5minlab for $19.9 million
100 per cent of shares acquired
Most Read
Hot Five: Philip La moves from Pokémon GO to Axie Infinity, the latest ironSource Supersonic competition, and $4.4 billion spend on money-themed games
The hottest news articles on PG.biz
Run By Rollic
Zynga acquires German hypercasual dev NanoTribe
Will be managed by Zynga subsidiary Rollic
Snapping Up Staff
Shortround Games staff and tech acquired by blockchain outfit Mythical Games
Will begin working on an unannounced sports game