All publications by tag «M&A»
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.
MY.GAMES Venture Capital invests $3 million in three new studios
MY.GAMES Venture Capital, the investment arm of MY.GAMES, has invested in three studios: VOX, Tworogue Games, and Wideview Games. The total investments in the three studios amounted to around $3 million. In all three deals, MGVC acquired minority stakes in the studios with options to purchase control later.
Report: Game companies made record-breaking 844 deals worth $71 billion in 2021 so far
Unprecedented consolidation of the games market continues. According to the latest report by Drake Star Partners, game companies have already raised $71 billion in 844 deals so far this year, which is double the full dollar amount from 2020.
Tencent makes another M&A deal, investing in Swedish indie developer Stunlock Studios
Soon after announcing the $1.27 billion Sumo Group deal, Tencent has revealed another investment. The Chinese tech giant became a major shareholder of Stunlock Studios, a Swedish indie company known for its popular arena brawler Battlerite.
Zynga acquires Torchlight III developer Echtra Games to bring mobile titles to PC and consoles
Publisher Zynga follows its ambitions of developing games for PC and consoles. To bring its existing franchises outside the mobile sector, the company has just bought Echtra Games, creators of Torchlight III.
2020 in video games: Sensor Tower’s Craig Chapple on ramifications of Epic vs Apple showdown, rise of mobile-first AAA games, and key M&A deals
With the holiday season just days away, Craig Chapple, Mobile Insights Strategist, EMEA at Sensor Tower, looks back at 2020. We join him to discuss what the passing year meant for mobile and the industry at large.