Acquisition

Electronic Arts Agrees to Acquisition for $55 Billion

Electronic Arts Agrees to Acquisition for $55 Billion

Yet another major acquisition of a gaming corporation took place on Monday morning. As initially reported on Friday and discussed on this week's Bitcast, Electronic Arts has agreed to acquisition for a reported $55 billion. The investment partners include private equity firms Silver Lake and Affinity partners along with the…
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Take-Two Interactive Acquires Gearbox Entertainment

Take-Two Interactive Acquires Gearbox Entertainment

With Gearbox Entertainment separating from Embracer Group, it was only a matter of time until another publisher came knocking. And it seems that time was very short-lived. Take-Two Interactive has formally announced they have acquired Gearbox Entertainment for $460 million. The deal is expected to close in the first quarter…
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It’s Done, Activision-Blizzard is Now Xbox First-Party

It’s Done, Activision-Blizzard is Now Xbox First-Party

After a very long period of court battles and endless discussions among the gaming pundits, the deal is finally completed: Activision-Blizzard and its IPs are now part of Xbox. https://www.youtube.com/watch?v=AYU4q594LJ0 CEO of Gaming for Microsoft and Head of Xbox, Phil Spencer, offered the following thoughts via Xbox Wire. We love…
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Activision-Blizzard Games to Join Ubisoft+ Service

Activision-Blizzard Games to Join Ubisoft+ Service

In an announcement from Ubisoft this morning, Activision-Blizzard games will be joining the Ubisoft+ subscription service. The agreement includes the complete slate of current Activision-Blizzard games, as well as all their new titles launching in the 15 years after the closing of Microsoft’s acquisition of Activision-Blizzard. The games will land…
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NetEase Acquires Detroit Developer Quantic Dream

NetEase Acquires Detroit Developer Quantic Dream

In yet another industry acquisition of a long-running studio, NetEase announced this morning that it had acquired Quantic Dream. Quantic Dream, a studio of more than 250 employees, was founded in 1997 and is best-known for narrative driven games such as Detroit: Become Human, Beyond: Two Souls, and Heavy Rain.…
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Koch Media Rebrands as Plaion

Koch Media Rebrands as Plaion

Koch Media announced today that they are moving forward with a rebranding that will "acknowledge who we truly are." As reported by Gamesinsdustry.biz, Koch Media will now be known as Plaion (pronounced Play-On). According to the report, the 28-year old media company wanted to move forward with a new message.…
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Bungie Officially Joins PlayStation Studios

Bungie Officially Joins PlayStation Studios

As was announced earlier this year, Sony Interactive Entertainment had entered an agreement to acquire Bungie. Today, the deal has officially closed and Bungie is now formally a PlayStation Studio. https://twitter.com/PlayStation/status/1547989404269965314?s=20&t=tKc7hNy2VBEVWJvkLrQERg
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Supermassive Games Acquired by Nordisk Games

Supermassive Games Acquired by Nordisk Games

Supermassive Games (The Quarry, Dark Pictures Anthology) have continued to gain an audience over the past few years with their interactive horror titles. Noticing their success, Danish company Nordisk Games bought a 30% stake in Supermassive in March of 2021. This morning, Nordisk announced that they are acquiring Supermassive in…
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