All publications by tag «acquisitions»
Former PlayStation boss Jack Tretton looking to snap up game company worth $1-2 billion via his SPAC
Jack Tretton, one of the creators of the first PlayStation, has announced his intent to acquire a game publisher or developer. He is now planning a deal through his own special purpose acquisition company (SPAC).
US lawmakers introduce bill to block mergers worth $5+ billion ahead of Microsoft-Activision deal
Democratic lawmakers have introduced a new bill prohibiting antitrust mergers. It would allow the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to block M&A deals worth $5 billion or more.
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.
Nordisk Games snaps up Trailmakers creator Flashbulb Games for undisclosed sum
Nordisk Games has announced an acquisition of Flashbulb Games, which is best known for developing sandbox racing game Trailmakers. While the exact sum of the deal remains undisclosed, it can amount to several hundred million Danish Kroner.
Rock Band creator Harmonix joins Epic Games to develop musical journeys for Fortnite
Epic Games has announced an acquisition of Harmonix, a studio known for its Rock Band series. The team will create special music content for Fortnite as a part of the game’s shift towards the metaverse. The financial terms of the deal remain undisclosed.