Fledgling Xbox studio The Initiative continues to bolster its ranks with some of the video game industry's top AAA talent, having added four more developers from major league studios.As noted by their respective LinkedIn profiles, Apex Lege...

Publishing giant THQ Nordic has announced multiple new acquisitions within the industry, adding smaller studios and investment partners to their expanding video game industry empire.The first such acquisition is studio Milestone S.r.l. (for...

While new Xbox studio The Initiative is yet to develop its first video game, it has succeeded in putting together a team of heavyweight players from the AAA development scene.The most recent acquisitions to the new studio, which was first a...

British video game retailer GAME Digital has received a takeover bid of £51.9 million from Mike Ashley's Sports Direct enterprise. Sports Direct purchased 26% of GAME's shares back in 2017 but recently upped this stake to 38% which ha...

Google has announced that it will be shutting down the standalone version of Twitch-like streaming service YouTube Gaming tomorrow, May 30. The decision to call it a day on the independent version of the service was made last year, followin...

Sega has announced that its European division has acquired British developer Two Point Studios, best known for their comical hospital simulation Two Point Hospital. Two Point has been taken under the Sega umbrella as part of the publisher's...

In a surprise announcement this afternoon, Rocket League creator Psyonix confirmed its plans to join Epic Games. The deal is expected to go through "near the end of May to early June 2019," and while the developer has answered several immed...

Google is certainly setting itself up for something big in the gaming industry. Not only did it recently hire a major name in the form of ex-Ubisoft and EA bigwig Jade Raymond, but it also revealed designs for an awful-looking game controll...

THQ Nordic can cross another studio name off of its shopping list, as the Austrian publisher has acquired Warhorse Studios for a cool €33.2 million, or roughly $37.6 million USD.Warhorse Studios, based in Prague, are known for last yea...

Rebellion Developments, who most recently were responsible for treasure-huntin' shooter Strange Brigade, has announced that they have acquired Yorkshire-based indie developer TickTock Games, adding them to Rebellion's expanding presence in ...

South Korean mobile game publisher Nexon has suddenly announced that it is preparing to put itself on the market. Kim Jung-Ju, who founded the company in the '90s, is expected to put up just under 99% of the company's stock, believed to be ...

THQ Nordic's family just got a little bit bigger, as the Darksiders and BioMutant developer has picked up BugBear Entertainment and Coffee Stain Studios. The announcement was made on the official THQ Nordic website.Helsinki-based Bugbear En...

At E3 2018, Microsoft boldly revealed its new initiative to release more first-party games for Xbox and Windows 10 PC through acquisition of talented studios. It came alongside the announcement from Xbox head Phil Spencer that Microsoft had...

The Electronic Arts family got a little bigger today. EA has just announced the acquisition of Pasadena-based Industrial Toys, which is a studio that focuses on making "hardcore games for mobile platforms." The terms of the acquisition were...

The Paradox Interactive family just got a little bigger. Harebrained Schemes, the studio behind BattleTech and Shadowrun, is now a subsidiary of Paradox. As announced through a press release on Paradox's site, the Sweden-based publishe...

Just Cause and Max Max developer Avalanche Studios is being acquired by Nordisk Film, with the media company moving from minority shareholder to full owner. Speaking to GamesIndustry.biz, Avalanche CEO Pim Holfve called it "the right offer,...

Blue Mammoth Games, the indie-studio behind free-to-play fighter Brawlhalla, are an indie no more. The 21-strong team have announced that they have been acquired by big-time publisher Ubisoft.Matt Woomer, head honcho of the Georgia-based st...

Crytek, the developer behind the PC-melting Crysis series and the original Far Cry, has teamed up with a startup named Crycash which will specialize in maintaining and distributing a cryptocurrency geared around the gaming community. Crycas...

In deeply unsettling news on Monday, CNBC reported that 21st Century Fox was previously in talks to sell all of its movie rights to Disney. The move is rumored to be behind Fox's attempt to pivot to a news and sports-centric company, whi...

It seemed like only a matter of time before someone bought Humble Bundle, especially as it has expanded its business in recent years, but I can't say I expected IGN to be the one to make that deal. The terms of the acquisition aren't known,...

[Update: In a statement issued to GamesIndustry.biz, Bluehole said "These reports are not accurate. Tencent didn't make an investment into Bluehole."] Tencent, the ever growing Chinese internet holdings company has backed Bluehole Studio In...

Recently BioWare have made a lot of headlines. First, Mass Effect lead Casey Hudson returned to the fold after the departure of Aaryn Flynn. Then, sadly, we learned yesterday of the passing of long-time developer Corey Gaspur. This morning ...

It's right there in the headline, but yep, Logitech has agreed to pick up headset maker Astro Gaming. The acquisition is expected to close in "early August" for $85 million in cash, with Logitech "investing in an adjacent gaming market &mda...

Kerbal Space Program is now a part of Take-Two Interactive, which is one of those sentences I never envisioned writing. The popular space-exploration sim will still be supported by Squad, and the acquisition doesn't change the team's plans ...

Between Job Simulator and Rick and Morty: Virtual Rick-ality, Owlchemy Labs has been doing some cool stuff in the VR space. I'm curious to see what the team does next, especially in light of today's news that Google, which has its Dayd...