12 Acquisitions of Companies in the Video Games Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Video Games 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 12 acquisitions that took place in the Video Games 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:

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:

Slightly Mad Studios acquired by Codemasters

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

28 November 2019

Details about the company:

Our multi-award-winning developer was established in 2008. Over 150 different titles have been produced by us together.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Video Games

Details about the buyer:

For a global audience on various gaming platforms, Codemasters develops and publishes interactive entertainment goods.

Headquarter:

Southam, Gloucestershire, United Kingdom

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:

Appush acquired by Magic Software Enterprises

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

4 August 2022

Details about the company:

Appush is a platform that links publishers of mobile games with marketers.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Advertising, Marketing, Video Games

Details about the buyer:

Magic Software Enterprises uses a metadata-driven methodology to create cutting-edge technological solutions and essential business applications.

Headquarter:

Or Yehuda, Tel Aviv, Israel

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:

Infinity Plus Two acquired by 505 Games

Details about the transaction:

Acquisition amount:

$4,500,000

Announcement:

14 January 2021

Details about the company:

An online video game was made by Infinity Plus Two.

Headquarter:

South Melbourne, Victoria, Australia

Where to find them:

Industry:

PC Games, Video Games

Details about the buyer:

An international publisher of interactive video games, 505 Games creates games for several platforms.

Headquarter:

Calabasas, California, United States

Where to find them:

Innova acquired by Games Mobile ST

Details about the transaction:

Acquisition amount:

$21,000,000

Announcement:

23 September 2022

Details about the company:

Publisher of video games with a lot of MMORPG expertise is Innova.

Headquarter:

Moscow, Moscow City, Russian Federation

Where to find them:

Industry:

Publishing, Video Games

Details about the buyer:

The gaming industry is fully serviced by Games Mobile ST, which includes game creation and visual design.

Headquarter:

Lakatamia, Nicosia, Cyprus

Where to find them:

Alictus acquired by SciPlay Corporation

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

1 March 2022

Details about the company:

Alictus is more than just a maker of casual video games.

Headquarter:

Çankaya, Ankara, Turkey

Where to find them:

Industry:

Computer, PC Games, Video Games

Details about the buyer:

Scientific Games' social gaming division offers mobile games with a casino theme thanks to SciPlay Corporation.

Headquarter:

Las Vegas, Nevada, United States

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:

Yippee! Entertainment Ltd acquired by Team17 Software

Details about the transaction:

Acquisition amount:

$1,850,000

Announcement:

2 January 2020

Details about the company:

Based in the center of MediaCityUK, Yippee Entertainment is a multi-award-winning software developer and digital publisher.

Headquarter:

Salford, Oxfordshire, United Kingdom

Where to find them:

Industry:

Software, Video Games

Details about the buyer:

One of the most independent video game publishers and developers in the world is Team17.

Headquarter:

Nottingham, Nottingham, United Kingdom

Where to find them: