TGE Index Investment Report - Q4 & Year-End 2020
Sony and Microsoft are to collaborate to develop their respective cloud platforms, covering gaming and other entertainment forms. The pair will also partner to pursue innovations in artificial intelligence and semiconductors. While the two tech giants are looking at the potential [...]
TGE Index Investment Report - Q4 & Year-End 2020
2020 highlights - Total investment and M&A activity across the video games industry tracked by the TGE Index through April-December 2020 reached USD$37.890bn from 406 disclosed transactions (501 total). Adding averaged publicly-available data for Q1 gives a full-year approximation of USD$40.572bn [...]
Nintendo Targeting Record Annual Sales; Team17 Records 34% Revenue Increase
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nintendo targeting record annual sales; Team17 records 34% revenue increase; and Fomo Games raises TRY₺17m (£1.6m). Nintendo targeting record annual sales Nintendo is targeting a record year in [...]
Tencent Boosts Century Huatong Stake; ironSource in Rumoured Talks with Thoma Bravo SPAC
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent boosts Century Huatong stake; IronSource in rumoured talks with Thoma Bravo SPAC; and EA suspends discretionary content allocation. Tencent boosts Century Huatong stake Tencent Holdings Limited has [...]
Super League Gaming to Acquire Mobcrush; Midgame Fund Now Taking Pitches
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Super League Gaming to acquire Mobcrush; Midgame Fund now taking pitches; and AudioMob launches proprietary DSP. Super League Gaming to acquire Mobcrush Santa Monica-based video game and esports [...]
Roblox Goes Public at USD$38.3bn Valuation; EA Employee Allegedly Selling FUT Cards
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox goes public at USD$38.3bn (£27.5bn) valuation; EA employee allegedly selling FUT cards; and Epic Games acquires Capturing Reality. Roblox goes public at USD$38.3bn (£27.5bn) valuation User-generated game [...]
Leaf Mobile Signs LOI to Acquire Truly Social Games; Nodwin Gaming Raises ₹1.64bn
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Leaf Mobile signs LOI to acquire Truly Social Games; Nodwin Gaming raises ₹1.64bn (£16.2m); and Omeda Studios secures USD$2.2m (£1.6m) in seed funding. Leaf Mobile signs LOI [...]
tinyBuild Lists in £154m IPO; Blade Files for Bankruptcy
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: tinyBuild lists in £154m IPO; Blade files for bankruptcy; and GameStop establishes strategic transformation committee. tinyBuild lists in £154m IPO Seattle-based publishing group tinyBuild has completed a £154m [...]
Six to Start Acquired for USD$6.65m; Audacity Games Founded
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Six to Start acquired for USD$6.65m (£4.80m); Audacity Games founded; and Allied Esports receives USD$100m (£72.2m) acquisition offer. Six to Start acquired for USD$6.65m (£4.80m) London-based gamified fitness [...]
Theorycraft Games Raises USD$37.5m; Motorsport Games to Acquire Studio397
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Theorycraft Games raises USD$37.5m (£26.9m); Motorsport Games to acquire Studio397; and chat platform Stream secures USD$38m (£27.3m). Theorycraft Games raises USD$37.5m (£26.9m) Seattle and Los Angeles-based studio Theorycraft [...]
Zynga Acquires Echtra Games; AppLovin Files S-1 Ahead of IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Zynga acquires Echtra Games; AppLovin files S-1 ahead of IPO; and Vungle secures GameRefinery acquisition. Zynga acquires Echtra Games Zynga has announced the acquisition of multiplatform developer publisher [...]
Epic Games Acquires Mediatonic; Maestro Secures USD$15m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Epic Games acquires Mediatonic; Maestro secures USD$15m (£11m); and All-Star Games raises USD$1.5m (£1.1m). Epic Games acquires Mediatonic Epic Games has announced that it has acquired Tonic Games [...]
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