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 [...]
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 [...]
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 [...]
Dream Games Raises USD$50m; Catalis Considering IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Dream Games raises USD$50m (£36m); Catalis considering IPO; and Corsair acquires Visuals by Impulse. Dream Games raises USD$50m (£36m) Istanbul-based mobile gaming studio Dream Games has announced that [...]
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 [...]
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 [...]
Embracer Group sales up 44%; Artie Raises USD$10m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group sales up 44%; Artie raises USD$10m (£7.2m); and Epic submits EU antitrust complaint against Apple. Embracer Group sales up 44% Embracer Group has released its financial [...]
Playtonic Launches Publishing Division; Remedy Reports Record Revenue
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Playtonic launches publishing division; Remedy reports record revenue; and Nitro Games revenue climbs by 43.5%. Playtonic launches publishing division British developer Playtonic Games, best known for Yooka-Laylee franchise, [...]
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