Keywords Studios will soon become part of Swedish private equity firm EQT Group. The video game outsourcer’s board of directors has now approved the final bid worth more than £2 billion.

Swedish private equity firm EQT Group has proposed to acquire Irish outsourcing company Keywords Studios. As a result, the developer saw the largest increase in its share price since going public in 2013.

Although investment in the games industry has slowed significantly, Keywords Studios has made its fourth M&A deal this year. It is welcoming The Multiplayer Group, an outsourcing studio focused on multiplayer game development.

Outsourcing and tech services provider Keywords Studios has laid off a group of Canadian testers working on BioWare games. These were the same employees who unionized last year.

Keywords Studios continues its expansion with the acquisition of Hardsuit Labs. The US studio will join the group and strengthen its co-development capabilities.

Outsourcing developer Keywords Studios has acquired mobile studio Mighty Games. The deal will improve the company’s testing capabilities and bolster its presence in Australia.

Keywords Studios, which provides different services to other game companies, has acquired Forgotten Empire for $32.5 million. The studio is known for working on remasters of the Age of Empires series.

A new gamedev union has been formed by a group of QA contractors at Keywords Studios. The team, which is now working on the next Dragon Age game, voted unanimously for unionization after defending its right to work remotely.