Zakazane, new studio by CD Projekt and 11 bit studios veterans, raises $1 million to make “triple i” games
Zakazane is a new studio founded in 2022 by games industry veterans aiming to make what they define as “triple i” games. They previously worked on titles like The Witcher 3, Cyberpunk 2077, and Frostpunk.
PUBG maker Krafton partners with Ironmace Games to develop Dark and Darker Mobile
The situation around Dark and Darker has taken an unexpected turn. Although the legal fight between Ironmace Games and publisher Nexon is not yet over, PUBG maker Krafton is now considering creating a mobile game based on this IP.
Report: Embracer Group’s collapsed $2 billion deal was supposed to be with Savvy Games Group, its second-largest shareholder
New details have surfaced about the collapsed $2 billion deal that Embracer Group was supposed to close earlier this year. It appears that its partner was Savvy Games Group, an investing firm established by Saudi Arabia’s sovereign wealth fund.
Rockstar partners with Cfx.re, creators of roleplay multiplayer frameworks for GTA V and Red Dead Redemption 2
Cfx.re, the group behind roleplay multiplayer tools for titles like GTA V and Red Dead Redemption 2, has officially joined Rockstar Games. The company, known for its rocky relationship with the modding community, will now support them in their efforts.
New investment from Tencent allows Lighthouse Games to remain independent and boost development of its AAA title
Lighthouse Games, an independent studio started by Playground Games co-founder Gavin Raeburn, has secured investment from Chinese tech giant Tencent. This marks a huge step forward for the UK team.
Microsoft paid $117 million for Ninja Theory, according to its pitch regarding potential acquisition of SEGA
More and more internal documents are becoming public during the ongoing FTC v. Microsoft hearings. This time, let’s take a look at Xbox’s M&A activity and the companies it has chosen as its potential targets over the past few years.
WolfEye Studios partners with VC fund Galaxy Interactive to remain independent and create “ambitious new IP”
Raphael Colantonio is working on a new game, his second after leaving Arkane. The title is said to be more ambitious thanks to a new partnership between WolfEye Studios and Galaxy Interactive.
Brief history of Sony’s M&A deals: how PlayStation brought together 20+ first-party studios
Sony remains one of the largest game publishers in the world, constantly expanding both through nurturing internal teams and buying new studios (e.g. its latest acquisition of Firewalk Studios). Here’s a brief guide to the history of PlayStation’s M&A deals and all the developers it currently owns.