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Embracer Group Strikes Again
Embracer Group Acquires Three More Studios with a Deal Worth $300 Million. Embracer Group strikes a deal that will see the acquisition of Eidos, Crystal Dynamics, and Square Enix Montreal. The agreement will result in Embracer Group getting control of the IPs like Tomb Raider, Deus Ex, Thief, Legacy of Kain, and more than 50…
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Embracer Group Acquires Perfect World
Embracer Group acquired in online video game publishing studio Perfect World Entertainment. Embracer Group AB, previously THQ Nordic AB, agrees with a 100% acquisition of Perfect World Entertainment. The company bought 100% shares of Perfect World North America Corporation, and Perfect World Publishing B.V. PWE is one of the most significant names in online video…
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Voodoo Buys Acquires Beach Bum
Voodoo Acquires Israel based Casual Gaming Studio Beach Bum. Voodoo, the French hyper casual gaming startup, has bought Beach Bum to further consolidate its footing in casual mobile gaming. Beach Bum is an Israel-based gaming studio with expertise in card games and tabletop mobile games. Beach Bum has three games in the App Store at…
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Billionaire Tilman Fertitta & DraftKings Join Hands $1.6 Bn Deal
Billionaire Tilman Fertitta and DraftKings to Join Hands in a $1.6 Bn Deal. DraftKings has reached a deal to acquire Golden Nugget Online Gaming in an all-stock deal at $1.56 Bn. This deal will give billionaire Tilman Fertitta more than $700 million worth of DraftKings stocks. Houston-based billionaire Tilman Fertitta owns a 46% stake in…
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Gaming Deal Flow H1 2021
The first half of 2021 with plenty of gaming deal flow. There was an “unprecedented deal activity” in the gaming world during this half. These deals include mergers and acquisitions, public offerings, and more which made up a total of $60 billion. Gaming Deal Flow The report of gaming deals in H1 of 2021 was…
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Sony Bought Oldest Finnish Gaming Studio Housemarque
PlayStation Studios Buys Returnal Developer Housemarque. Sony just bought the oldest Finnish gaming studio Housemarque, the developers behind PS5 exclusive Returnal. The acquisition decision was announced on Twitter and the Tweet also hinted at an upcoming acquisition involving Bluepoint Games. The Tweet made by PlayStation Japan announced the acquisition of Housemarque but uploaded an image…
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EA Acquires Playdemic, Developer Of Golf Clash For $1.4 billion
Electronic Arts has acquired Playdemic. In a recent merger and acquisition move, Electronic Arts has acquired Playdemic from Warner Media for $1.4 billion in a deal that only involves cash. Playdemic is a UK-based studio and is best known for its Facebook game Golf Clash. Playdemic boasts 80 million downloads worldwide of Golf Clash. The…
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Gearbox and Embracer Group decide to merge
Embracer Group acquires Gearbox Software turning Gearbox into a seventh operating group of Embracer. This seventh operating group of Embracer will work as its wholly-owned subsidiary. Borderlands’ Developer Gearbox and Embracer Group decides to merge. Two of the top independent entities in the gaming industry decide to merge. The official numbers of the deal are…
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Nvidia expands and acquires Arm in a mammoth $40bn
Arm is a UK based semi-conductor firm famous for creating technology and designs related to CPU and processors used in various mobile phones. Arm was one of the integral suppliers for Apple. And in a recent and surprising development, graphic card giant Nvidia bought Arm for $40bn.
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