Video Game Industry Continues Influx of Acquisitions

  • Since the start of the year, video game companies have made a flurry of acquisitions.
  • Nacon and Animoca Brands have made deals of their own.
Grease Monkey Games/Design: Alex Brooks
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Since the start of the year, video game companies have made a flurry of acquisitions.

Last week, French game publisher Nacon acquired Daedalic Entertainment, the developer behind “The Whispered World” and “Deponia,” in a deal valued at $60 million.

A day later, software and venture firm Animoca Brands — an NBA Top Shot investor recently valued at $5.4 billion — acquired motorsport game developer Grease Monkey Games for an undisclosed amount.

The industry’s headline-making acquisitions keep coming.

  • In January, Microsoft announced plans to acquire Activision Blizzard for $68.7 billion.
  • Sony agreed to buy Bungie, the original “Halo” creator, for $3.6 billion that same month.

Microsoft’s deal for Activision would make the tech giant the third-largest gaming company in the world by revenue.

Video Game Expanding Reach

Daedalic Entertainment and Grease Monkey Games present unique opportunities for their new owners.

Daedalic is developing “Lord of the Rings: Gollum,” which is likely to attract a slew of new users who are fans of the book and movie series. Meanwhile, Grease Monkey Games has partnerships with Nissan, Toyota, Ford, and BMW.

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