5 Acquisitions of Companies in the Digital Entertainment Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Digital Entertainment industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 5 acquisitions that took place in the Digital Entertainment industry.

Dacheng Network acquired by KongZhong

Details about the transaction:

Acquisition amount:

$80,000,000

Announcement:

15 December 2009

Details about the company:

A provider of online interactive entertainment is Dacheng Network.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Industry:

Digital Entertainment, eSports, Gaming

Details about the buyer:

KongZhong offers consumers in the People's Republic of China digital entertainment services.

Headquarter:

Beijing, Beijing, China

Where to find them:

AxesInMotion acquired by Media and Games Invest

Details about the transaction:

Acquisition amount:

$57,770,075

Announcement:

28 April 2022

Details about the company:

AxesInMotion is a video game firm that focuses on creating, curating, and disseminating mobile games.

Headquarter:

Sevilla, Andalucia, Spain

Where to find them:

Industry:

Digital Entertainment, Gaming, Video Games

Details about the buyer:

Media and Games Invest is a strategic investment-holding, that focuses on a buy, build & sell strategy of fast-growing companies.

Headquarter:

Valletta, NA - Malta, Malta

Where to find them:

Fetch TV acquired by Telstra

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

27 April 2022

Details about the company:

The newest movies, TV series, and live sports are available on the subscription-based television service provider Fetch TV.

Headquarter:

North Sydney, New South Wales, Australia

Where to find them:

Industry:

Digital Entertainment, Subscription Service, Telecommunications, TV

Details about the buyer:

A wide variety of communications services are provided by Telstra, an Australian provider of telecommunications and information services.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

123.TV acquired by iMedia Brands

Details about the transaction:

Acquisition amount:

$95,000,000

Announcement:

22 September 2021

Details about the company:

123TV coordinates cross-media consumer product auctions across television and the internet.

Headquarter:

Germany, Georgia, United States

Where to find them:

Industry:

Auctions, Digital Entertainment, E-Commerce, Internet, Media and Entertainment, Shopping, TV

Details about the buyer:

A multinational interactive media corporation called iMedia Brands is in charge of a burgeoning portfolio of retail television networks.

Headquarter:

Eden Prairie, Minnesota, United States

Where to find them:

AMG/PARADE acquired by The Arena Group

Details about the transaction:

Acquisition amount:

$16,000,000

Announcement:

18 January 2022

Details about the company:

AMG/PARADE is a publishing house that specializes in producing articles on cuisine, families, sports, and entertainment.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Digital Entertainment, Fitness, Food and Beverage, Sports

Details about the buyer:

The Arena Group combines strong brands in markets where customers are enthusiastic and offers memorable experiences.

Headquarter:

Seattle, Washington, United States

Where to find them: