Deals April 26, 2022 GEM Capital invests $400k in Skich a.k.a. “Tinder for mobile games” GEM Capital has invested in Cypriot company Skich, the developer of the self-titled app. It is aimed at helping users find mobile games that match their interests through personalized recommendations.
Deals April 21, 2022 Gearbox to snap up Tiny Tina co-developer Lost Boys Interactive, adding new studio to Embracer family Gearbox Entertainment has entered into an agreement to fully acquire Lost Boys Interactive, a studio known for helping with the Tiny Tina’s Wonderlands development. This deal will contribute to Embracer Group’s expansion.
Deals April 19, 2022 EG7 to sell its Russian subsidiary Innova for €32 million, one year after acquiring it for €110 million EG7 has announced its intent to sell its subsidiary Innova, known for localizing and publishing MMO games in Russia. The Swedish holding company set the purchase price at €32 million.
Deals April 13, 2022 Epic Games invests in AQUIRIS, Brazilian studio behind Wonderbox and Horizon Chase Epic Games has invested in Aquiris, known for games like Wonderbox and Horizon Chase. The Unreal maker will publish upcoming multiplatform titles from the Brazilian studio.
Deals April 13, 2022 Embracer’s Aspyr Media snaps up Beamdog, studio behind Baldur’s Gate remasters Aspyr Media, which is a part of Embracer Group, has acquired Beamdog. It will also publish the studio’s upcoming roguelite MythForce.
Deals April 11, 2022 Epic Games raises $2 billion from Sony and LEGO parent company KIRKBI at $31.5 billion valuation Epic Games has closed a $2 billion round of funding with participation from Sony and KIRKBI. The company will use the money to advance its vision to “build the metaverse and support its continued growth.”
Deals March 29, 2022 Room 8 Group acquires art services provider Massive Black to expand into US market Room 8 Group, a global game company with Ukrainian roots, has acquired art services provider Massive Black. The terms of the deal remain undisclosed.
Deals March 25, 2022 Netflix continues with its gaming acquisitions, buying mobile game developer Boss Fight Entertainment Netflix has agreed to acquire mobile game developer Boss Fight Entertainment. It should help the streaming giant expand its gaming catalog.
Deals March 21, 2022 PlayStation acquires Haven Studios led by games industry veteran Jade Raymond Sony has announced an acquisition of Haven Studios, which was founded by Jade Raymond last year. The team is now working on the exclusive live service game for PlayStation 5.
Deals March 17, 2022 Tencent’s investment in Studio MayDay results in its rebranding to Riffraff Games Tencent continues to buy stakes in Western game companies. The Chinese tech giant now has a minority ownership of Studio MayDay, which is now working on two games.
Deals March 16, 2022 First Class Trouble developer Invisible Walls joins Embracer Group Amplifier Game Invest, a subsidiary of Embracer Group, has acquired Danish independent studio Invisible Walls. The financial terms of the deal remain undisclosed.
Deals March 14, 2022 Riot Games buys new stake in Fortiche Production, animation studio behind Arcane Riot Games has strengthened its partnership with Fortiche Production by making a new equity investment in the animation studio behind Arcane.
Deals March 10, 2022 Free Fire creator Garena steps into social-first casual gaming by investing in Playwind Games Playwind Games has closed a $4 million funding round led by Garena. The Free Fire creator is now stepping into the space of casual mobile titles with a social focus.
Deals March 2, 2022 Netflix continues expansion into gaming by acquiring mobile developer Next Games for €65 million Netflix has announced an acquisition of Next Games for €65 million. The Finnish studio is known for developing mobile titles based on TV series like The Walking Dead and Stranger Things.
Deals February 24, 2022 Nintendo acquires partner studio SRD, which contributed to games like Super Mario Bros and Donkey Kong Nintendo has bought SRD Co Ltd, a Tokyo-based studio and its long-time partner. The team has been helping the Japanese publisher with many of its first-party games for several decades.
Deals February 22, 2022 Tencent snaps up Inflexion Games led by former BioWare boss Aaryn Flynn Tencent continues its Western expansion by acquiring Canadian studio Inflexion Games from its previous owner Imporable. The team is developing Victoriana-inspired game Nightingale.
Deals February 17, 2022 Lord of the Rings: Gollum developer Daedalic Entertainment joins Nacon in €53 million deal Nacon has announced the biggest acquisition in its history. The company will acquire indie developer and publisher Daedalic Entertainment for the maximum price of €53 million.
Deals February 1, 2022 New York Times buys Wordle for seven-figure sum, with puzzle phenomenon staying free-to-play Popular puzzle game Wordle has joined The New York Times special gaming subscription. The exact amount of the deal remains undisclosed but it is “in the low-seven figures.”
Deals January 31, 2022 Sony acquires Bungie for $3.6 billion, studio to remain multiplatform with ability to self-publish Sony Interactive Entertainment has announced the acquisition of Bungie, known as the creator of world-famous series like Halo and Destiny. The deal worth $3.6 billion should help PlayStation reach a wider audience.
Deals January 27, 2022 Nexters snaps up Cubic Games, RJ Games, and Royal Ark for $100 million Hero Wars creator Nexters has made its first M&A deals since going public. The company acquired three Russian-founded mobile studios in deals worth $100 million.
