TGE Index Investment Report - Q4 & Year-End 2020
Google CEO Sundar Pichai has revealed that game publishers have been keen for the tech giant to assert its commitment to its new Stadia streaming platform. Revealed at GDC earlier this year, the Stadia platform offers consumers a cloud-based gaming system. [...]
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 [...]
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 [...]
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 [...]
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, [...]
Asmodee Acquires Board Game Arena; Mighty Kingdom Pursuing IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Asmodee acquires Board Game Arena; Mighty Kingdom pursuing IPO; and 3D Aim Trainer secures €1m (£877,000). Asmodee acquires Board Game Arena Guyancourt-based board and card game distributor Asmodee [...]
EA to Acquire Glu Mobile for USD$2.4bn; Homa Games Raises USD$15m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EA to acquire Glu Mobile for USD$2.4bn (£1.7bn); Homa Games raises USD$15m (£11m); and Candivore secures USD$12m (£8.7m). EA to acquire Glu Mobile for USD$2.4bn (£1.7bn) Electronic Arts [...]
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