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#Mergers and Acquisitions

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Square Enix shuts down reports that it is looking to sell

Square Enix has released a statement denying that it is in the process of negotiating a sale. Square Enix Japan made the rebuttal in response to a recent Bloomberg report that suggested the developer/publisher was in talks with numerous "in...

 
 
 
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Ghostrunner PS5 upgrade arrives fall 2021

It has been a big week for One More Level's cybernetic hack 'n' slash adventure Ghostrunner. Not only was the entire IP - along with its underlying technology - purchased by Italian publisher 505 Games, but the new owners have also announce...

 
 
 
 
 
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Fall Guys now belongs to Epic Games

In a huge but not exactly surprising move, Epic Games is buying Tonic Games Group, which means developer Mediatonic and Fall Guys: Ultimate Knockout are "joining the Epic Games family." "With our publisher Devolver Digital supporting and ch...

 
 
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Sony is in the process of restructuring Sony Japan Studio

Following a glut of rumors and reports, Sony Japan has stated that it is currently in the process of "re-organizing" Japan Studio, Sony's oldest and longest-running in-house game developer. Word of the restructure first came via an in-depth...

 
 
 
 
 
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EA sees 'incredible opportunity' in Codemasters acquisition

Electronic Arts has spoken of its delight in the publisher's acquisition of developer Codemasters. EA purchased the racing games specialist back in December 2020 for $1.2 billion - the sudden bid pulling the sale out from under the nose of ...

 
 
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Embracer Group purchases Gearbox, Aspyr Media, and Easybrain

Video game holding company Embracer Group has announced a series of mergers and acquisitions, which sees the Swedish conglomerate open its doors for Borderlands developer Gearbox Entertainment, Mac developer/publisher Aspyr Media, and mobil...

 
 
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Sumo Group acquires Polish indie studio PixelAnt

UK digital marketer Sumo Group has acquired indie developer PixelAnt, adding the Polish outfit to its family of ten-strong studios - although PixelAnt is Sumo's first acquisition from mainland Europe. PixelAnt, based in Wroclaw, will retain...

 
 
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Tencent purchases majority stake in Klei Entertainment

Klei Entertainment, the studio behind homegrown hits such as Don't Starve and Oxygen Not Included, has announced that it has sold a majority stake to Chinese conglomerate Tencent. The news was revealed on Klei's official forums by studio fo...

 
 
 
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505 Games acquires Puzzle Quest developer Infinity Plus Two

505 Games has expanded its portfolio of business ventures this week, with the news that – via parent company Digital Bros – the publisher has purchased mobile gaming studio Infinity Plus Two, best known for its work on popular g...

 
 
 
 
 
 
 
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Microsoft purchases online tournament platform Smash.gg

In a truly surprising bit of industry news, Microsoft has purchased online tournament esports platform Smash.gg. Microsoft acquired the site for an undisclosed amount earlier in the week, with news of the purchase being broken on the Smash....

 
 
 
 




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