16 Acquisitions of Companies in the Gaming Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Gaming 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 16 acquisitions that took place in the Gaming industry.

Brainium Studios acquired by PLAYSTUDIOS

Details about the transaction:

Acquisition amount:

$70,000,000

Announcement:

13 October 2022

Details about the company:

A Portland-based independent software publishing company, Brainium Studios. They create simple and enjoyable iPhone games.

Headquarter:

Portland, Oregon, United States

Where to find them:

Industry:

Gaming, Social Media, Software, Video Games

Details about the buyer:

Award-winning free-to-play casual games for mobile and social platforms are created and managed by PLAYSTUDIOS.

Headquarter:

Las Vegas, Nevada, United States

Where to find them:

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:

Kongregate acquired by Modern Times Group

Details about the transaction:

Acquisition amount:

$55,000,000

Announcement:

20 June 2017

Details about the company:

Kongregate is a digital gaming platform and producer of mobile games.

Headquarter:

San Francisco, California, United States

Where to find them:

Industry:

Casual Games, Gaming, Internet, iOS, Mobile, Social Network

Details about the buyer:

An multinational entertainment company is called Modern Times Group.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Next Games acquired by Netflix

Details about the transaction:

Acquisition amount:

$72,000,000

Announcement:

2 March 2022

Details about the company:

A Helsinki, Finland-based maker of free-to-play games is called Next Games. Our top objective is to develop engaging and simple gameplay.

Headquarter:

Helsinki, Southern Finland, Finland

Where to find them:

Industry:

Gaming, Mobile, PC Games, Software

Details about the buyer:

Users may view TV episodes and movies on Netflix's online streaming service.

Headquarter:

Los Gatos, California, United States

Where to find them:

5minlab acquired by Krafton

Details about the transaction:

Acquisition amount:

$19,900,000

Announcement:

14 February 2022

Details about the company:

A PC/mobile game development studio with headquarters in Seoul, South Korea is called 5minlab.

Headquarter:

Seoul, Seoul-t'ukpyolsi, South Korea

Where to find them:

Industry:

Casual Games, Gaming, Mobile Apps, PC Games, Video Games

Details about the buyer:

Fantasy game development is the main emphasis of Krafton, a PC and mobile gaming studio.

Headquarter:

Seongnam, Kyonggi-do, South Korea

Where to find them:

Graphyte acquired by Optimove

Details about the transaction:

Acquisition amount:

$40,000,000

Announcement:

13 July 2022

Details about the company:

The AI-driven marketing personalization tool Graphyte was created especially for the gaming and betting sectors.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Artificial Intelligence, Gaming, Machine Learning, Software

Details about the buyer:

Optimove's CRM Marketing Hub autonomously converts customer data into actionable insights thanks to an actionable CDP at its heart.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Stryking Entertainment acquired by Animoca Brands

Details about the transaction:

Acquisition amount:

$3,300,000

Announcement:

4 April 2019

Details about the company:

By combining the actual and virtual worlds, Stryking Entertainment focuses on monetizing and engaging sports fans.

Headquarter:

Berlin, Berlin, Germany

Where to find them:

Industry:

Blockchain, Fantasy Sports, Gaming

Details about the buyer:

To support the development of the open metaverse, Animoca Brands works on advancing digital property rights through NFTs and gaming.

Headquarter:

Cyberport, Hong Kong Island, Hong Kong

Where to find them:

WildWorks acquired by Nazara Technologies

Details about the transaction:

Acquisition amount:

$10,400,000

Announcement:

30 August 2022

Details about the company:

leading creator of free-to-play games available online for users of all ages.

Headquarter:

Salt Lake City, Utah, United States

Where to find them:

Industry:

Developer Tools, Gaming, Video Games

Details about the buyer:

The mobile material that Nazara Technologies creates includes games, themes, wallpapers, and multimedia.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Audiencly acquired by Flexion

Details about the transaction:

Acquisition amount:

$10,424,805

Announcement:

30 March 2022

Details about the company:

IGG, NetEase, and Socialpoint are just a few of Audiencly's high-profile gaming clients. The business is expanding and lucrative.

Headquarter:

Düsseldorf, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Gaming, Information Technology

Details about the buyer:

Flexion is a platform allowing publishers and developers to monetize and distribute their content.

Headquarter:

London, England, United Kingdom

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:

Flying Sheep Studios acquired by iCandy Interactive Limited

Details about the transaction:

Acquisition amount:

$2,163,155

Announcement:

8 June 2022

Details about the company:

A game development studio is called Flying Sheep Studios.

Headquarter:

Cologne, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Gaming, Online Games, PC Games, Video Games

Details about the buyer:

One of the major game developers in Southeast Asia, iCandy Group creates both traditional and Web3 games that are cross-platform.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Punch Entertainment acquired by DeNA

Details about the transaction:

Acquisition amount:

$37,000,000

Announcement:

15 September 2011

Details about the company:

Punch is a cross-platform company that creates social games for smartphones, the web, and social networking platforms.

Headquarter:

Palo Alto, California, United States

Where to find them:

Industry:

Apps, Gaming, Messaging, Mobile Apps, Social Network

Details about the buyer:

DeNA is a platform that offers social gaming, online shopping, and other web services for desktop computers and mobile phones.

Headquarter:

Tokyo, Tokyo, Japan

Where to find them:

Daedalic Entertainment acquired by Nacon

Details about the transaction:

Acquisition amount:

$60,275,973

Announcement:

16 February 2022

Details about the company:

Adventure game publisher and developer Daedalic Entertainment creates both online and offline games.

Headquarter:

Hamburg, Hamburg, Germany

Where to find them:

Industry:

Gamification, Gaming, Video Games

Details about the buyer:

Nacon gives players the tools they need to have an enjoyable gaming experience and perform well.

Headquarter:

Fretin, Nord-Pas-de-Calais, France

Where to find them:

Kooora acquired by Footballco

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

12 April 2022

Details about the company:

An online sports publisher located in Dubai is called Kooora.

Headquarter:

Dubai, Dubai, United Arab Emirates

Where to find them:

Industry:

Gaming, News, Publishing, Sports

Details about the buyer:

Footballco is a publishing and media firm for football.

Headquarter:

London, England, United Kingdom

Where to find them:

Shape Games acquired by Kambi

Details about the transaction:

Acquisition amount:

$78,000,000

Announcement:

8 September 2022

Details about the company:

Digital B-to-B platform and service provider for the iGaming sector, Shape Games.

Headquarter:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Industry:

Consulting, Digital Marketing, Gaming, Software

Details about the buyer:

The solution provided by Kambi has the potential to drastically improve your company's financial performance.

Headquarter:

Malta, Illinois, United States

Where to find them:

Sportnco acquired by Gaming Innovation Group

Details about the transaction:

Acquisition amount:

$57,543,721

Announcement:

22 December 2021

Details about the company:

Sportnco concentrates on providing its customers with the greatest iGaming options.

Headquarter:

Labège, Midi-Pyrenees, France

Where to find them:

Industry:

Gambling, Gaming, Online Games, Sports

Details about the buyer:

Through its three B2B solutions, Gaming Innovation Group provides state-of-the-art cloud-based services and performance marketing.

Headquarter:

Bokeelia, Florida, United States

Where to find them: