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.

Since the start of the year, video game companies have made a flurry of acquisitions.

Last week, French video 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.

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.