TGE Index Investment Report - Q4 & Year-End 2020
In the second of TheGamingEconomy's 2021 Predictions series, we take a look at some of the key statistics from the TGE Index on venture investment in gaming, and hear from Justin Keeling, General Partner of recently-launched Lumikai Fund, on what [...]
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 [...]
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 [...]
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 [...]
EG7 Acquires Innova for €109.8m; Rivalry Raises USD$20m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EG7 acquires Innova for €109.8m (£94.91m); Rivalry raises USD$20m (£14m); and Frogwares accuses Nacon of selling hacked version of The Sinking City. EG7 acquires Innova for €109.8m [...]
AdColony Sold for USD$400m; Hiro Capital in USD$15m Funding Triple
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: AdColony sold for USD$400m (£283m); Hiro Capital in USD$15m (£11m) funding triple; and SIE to "re-organise" Sony Japan Studio. AdColony sold for USD$400m (£283m) Mobile advertising platform AdColony [...]
HP Acquires HyperX for USD$425m; Thunderful in €11m Headup Acquisition
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: HP acquires HyperX for USD$425m (£300m); Thunderful in €11m (£9.4m) Headup acquisition; and BebopBee raises USD$2m (£1.4m). HP acquires HyperX for USD$425m (£300m) HP Inc. has announced that [...]
ironSource Acquires Luna Labs; Soccer Manager Raises £3m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ironSource acquires Luna Labs; Soccer Manager raises £3m; and GameStop CFO Jim Bell resigns. ironSource acquires Luna Labs Mobile and in-game advertising platform ironSource has acquired British video [...]
Roblox to List Publicly in March; VSPN Mulling US IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox to list publicly in March; VSPN mulling US IPO; and Miniclip acquires Green Horse Games. Roblox to list publicly in March Roblox Corporation has amended its S1 [...]
Saudi Wealth Fund Invests USD$3.3bn in Gaming; Apple Subpoenas Valve
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Saudi Wealth Fund invests USD$3.3bn (£2.4bn) in gaming; Apple subpoenas Valve; and Netmarble acquires Kung Fu Factory. Saudi Wealth Fund invests USD$3.3bn (£2.4bn) in gaming The Public Investment [...]
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