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 [...]
Jagex Reportedly Sold to Carlyle Group; Tencent Acquires Klei Entertainment
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Jagex reportedly sold to Carlyle Group; Tencent acquires Klei Entertainment; and IzanagiGames raises JP¥166.8m (£1.189m). Jagex reportedly sold to Carlyle Group Runescape developer Jagex has been sold to [...]
US Senator Proposes Prison for Streaming Copyright Violators; Salad Technologies Raises USD$3.2m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: US Senator proposes prison for streaming copyright violators; Salad Technologies raises USD$3.2m (£2.4m); and Nintendo shifts 1.3 million Switch consoles in China. US Senator proposes prison for [...]
EG7 to Acquire Piranha Games; AppsFlyer Extends Series D to USD$225m+
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EG7 to acquire Piranha Games; AppsFlyer extends Series D to USD$225m+; and Keywords Studios boosts marketing capabilities with g-Net Media purchase. EG7 to acquire Piranha Games Stockholm-based video [...]
Activision Blizzard Revenue Surges by 52%; Stillfront Group Acquires Everguild
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Activision Blizzard revenue surges by 52%; Stillfront Group acquires Everguild; and Gfinity exploring acquisitions or sale. Activision Blizzard revenue surges by 52% Activision Blizzard has released its financial [...]
Microsoft Supporting Epic in Apple Dispute; Corsair Gaming Files for USD$100m IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft supporting Epic in Apple dispute; Corsair Gaming files for USD$100m (£76.4m) IPO; and Microsoft Flight Simulator to drive USD$2.6bn (£2.0bn) PC hardware spend. Microsoft supporting Epic [...]
Embracer Group Acquires 8 Studios; Tencent Gaming Revenue up 40%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group acquires eight studios; Tencent gaming revenue up 40%; and Stillfront Group EBITDA climbs 159%. Embracer Group acquires eight studios Karlstad-based video games holding company Embracer Group [...]
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