Mergers and Acquisitions
Ongoing coverage on Mergers and Acquisitions.
Latest coverage
Scopely acquires majority stake in Pixel Flow developer Loom Games
Scopely has acquired a majority stake in Loom Games, the Istanbul-based developer behind the mobile title Pixel Flow. Pixel Flow has achieved over ten million players worldwide since its launch last year. This partnership aims to allow Loom Games to maintain creative autonomy while benefiting from Scopely's expertise.
Scopely acquires majority stake in Pixel Flow! developer Loom Games
Scopely has agreed to acquire a majority stake in Loom Games, the developer behind the successful mobile title Pixel Flow!, for an undisclosed sum valuing the studio at over $1 billion. This acquisition aims to expand Scopely's portfolio and its presence in the EMEA region, while Loom Games will maintain creative autonomy.
Why Hiro is bullish on UK and EU game dev funding after helping The Chinese Room and Bulkhead go independent
Hiro Capital, through its new advisory division, is bullish on the UK and EU game development funding landscape, seeing a rise in independent studios formed by experienced teams. The firm has already assisted The Chinese Room and Bulkhead Interactive in regaining independence from larger corporations. Factors like regulatory limitations on US investment for Asian companies and the availability of talent exiting larger firms contribute to Europe's attractiveness for game dev investment.
ByteDance reportedly in "advanced talks" to sell Mobile Legends dev Moonton Technology to Savvy Games for over $6bn
ByteDance is reportedly in advanced negotiations to sell its mobile game developer Moonton Technology, known for Mobile Legends, to Savvy Games Group for over $6 billion. The deal, which could close this quarter, would signify ByteDance's significant withdrawal from the online gaming sector. Savvy Games Group, backed by Saudi Arabia's Public Investment Fund, has existing investments in several major gaming companies.
Can Build A Rocket Boy save itself?
Build A Rocket Boy (BARB) is facing multiple crises, including allegations of installing surveillance software on employee PCs without consent and accusations of a coordinated campaign to damage its reputation. The studio's game, MindsEye, launched to dismal reviews and low player counts, leading to significant layoffs and internal turmoil. Co-CEOs Mark Gerhard and Leslie Benzies are at the center of these issues, with former employees expressing concerns about leadership, vision, and company culture.
Electronic Arts Sold in $55 Billion Deal to PIF, Silver Lake, and Affinity Partners - New Game Network
Electronic Arts (EA) has confirmed a $55 billion all-cash acquisition by a consortium including Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The deal, expected to close in early fiscal year 2027, will take EA private, with shareholders receiving $210 per share. Andrew Wilson will continue as Chairman and CEO, with the investors planning significant expansion and innovation for the publisher.
What $55 Billion Buys: Everything Included In The EA Acquisition
Electronic Arts has been acquired for $55 billion by a consortium including Saudi Arabia's Public Investment Fund, Jared Kushner's Affinity Partners, and Silver Lake, officially closing on August 4, 2026. This deal takes EA private, adding $20 billion in debt and potentially altering the company's operations. The acquisition includes EA's numerous studios like DICE, Maxis, and Respawn Entertainment, as well as major franchises such as Battlefield, The Sims, Need for Speed, and EA Sports FC.
