Mergers and Acquisitions
Ongoing coverage on Mergers and Acquisitions.
Latest coverage
Savvy Games Group to acquire Moonton Games for $6 billion
Savvy Games Group is set to acquire Moonton Games for $6 billion. This acquisition follows ByteDance's purchase of Moonton Games for $4 billion in 2021.
ByteDance Sells Mobile Legends: Bang Bang Dev Moonton to Saudis for $6b
ByteDance has agreed to sell Moonton, the developer of Mobile Legends: Bang Bang, to Saudi Arabian-owned Savvy Games Group for over $6 billion. This acquisition is part of Saudi Arabia's significant investment in the gaming sector. Moonton's parent company, ByteDance, previously acquired the studio in 2021 but has since been divesting from its gaming ventures.
ByteDance is selling its Moonton game unit to Savvy Games for a cool $6 billion
ByteDance has agreed to sell its mobile game developer Moonton, known for Mobile Legends: Bang Bang, to Savvy Games Group for $6 billion. This move is part of ByteDance's strategic shift away from gaming towards AI, while Savvy Games Group, backed by Saudi Arabia's Public Investment Fund, continues its expansion in the gaming sector.
IOI Partners disowns MindsEye, Krafton collabs with arms dealer, and more cuts at Ubisoft - Patch Notes #44
Several major gaming companies faced significant news this past fortnight. IOI Partners disowned the game MindsEye, Krafton announced a $1 billion partnership with a defense firm while simultaneously losing a lawsuit, and Ubisoft underwent restructuring leading to layoffs and the closure of Red Storm Entertainment's game development. Additionally, unionized game workers are petitioning for immigrant protections, Pokemon Pokopia achieved strong sales, and Nvidia's DLSS 5 technology faced backlash from developers.
Move Over Sony? Activist Investor Who Urged Nintendo to Charge 99 Cents Just to Get Mario to Jump Higher Acquires Significant Stake in Parent Company of Elden Ring Dev FromSoftware - IGN
Activist investor Oasis Management Company has acquired an 8.86% stake in Kadokawa, the parent company of FromSoftware, which developed Elden Ring. Oasis has a history of influencing companies, including past suggestions to Nintendo regarding mobile game development. Sony also holds a significant stake and strategic partnership with Kadokawa.
One Of The Top 10 Biggest Gaming Buyouts In History Just Happened
Savvy Games Group has confirmed its acquisition of Moonton Technology, the developer of Mobile Legends: Bang Bang, for over $6 billion USD. This deal marks the sixth-largest buyout in video game history, with ByteDance making a $2 billion profit from its 2021 purchase. Savvy Games Group has been active in acquisitions, previously buying Scopely and Niantic's gaming division.
Evening Legal Briefs
The Federal Communications Commission (FCC) has given its approval for the merger between Nexstar Media Group and Tegna. This decision clears a significant regulatory hurdle for the proposed acquisition.
Amazon acquires autonomous robotics startup Rivr
Amazon has acquired the autonomous robotics startup Rivr, which was valued at $110 million in a previous funding round that included Amazon and Bezos Expeditions. The acquisition is expected to enhance Amazon's capabilities in package delivery automation, aligning with its goal to automate 75 percent of its operations.
AlphaTON Capital Acquires 60% of Animocas GAMEE at $18 Million Valuation
AlphaTON Capital is acquiring a 60% stake in mobile gaming company GAMEE for $18 million, with payments structured in cash, shares, and GMEE tokens. This acquisition aims to leverage GAMEE's user base and Telegram integration to expand AlphaTON's presence in the web3 space. GAMEE reported 119 million users and $3.5 million in revenue in 2025.
Mortal Kombat, Hogwarts Legacy, and more could be under threat, experts say, as part of $6 billion in cuts following…
Paramount Skydance is reportedly preparing to acquire Warner Bros. in a deal valued at $110 billion, which includes Warner Bros. Games. Experts suggest that significant cost-cutting measures, potentially around $6 billion, could impact the video game division, jeopardizing franchises like Mortal Kombat and Hogwarts Legacy. The future of the studio and its creative output is uncertain amidst these large-scale industry shifts.
Morning Legal Briefs
California and other states have filed lawsuits to block the proposed merger between Nexstar Media Group and Tegna. Separately, TCL's ban on German QLEDs is prompting TV manufacturers to be more transparent about their use of quantum dots.
Saudi Arabia firm EGDC now owns 5% stake in Capcom
Saudi Arabia-based Electronic Gaming Development Company (EGDC) has acquired a 5.03% stake in Capcom, amounting to 26,788,500 shares, for pure investment purposes. This follows previous investments by Saudi Arabia's Public Investment Fund (PIF) in Capcom and other major gaming companies like Electronic Arts and Take-Two Interactive.
Resident Evil Requiem crosses 6 million copies sold, becoming the fastest-selling game in the survival horror series' history
Capcom announced that Resident Evil Requiem has sold over 6 million copies across all platforms, making it the fastest-selling title in the survival horror series' history. The game has achieved this milestone less than a month after its release. The article also briefly mentions layoffs at Warner Bros. Games and related studio closures.
Warner Bros. dominates Oscars with 11 wins ahead of its acquisition by Paramount
Warner Bros. secured 11 wins at the 2026 Oscars, with "Sinners" and "One Battle After Another" leading the studio's success ahead of its acquisition by Paramount Skydance. Netflix also performed well with seven awards, though major prizes went to Warner Bros. The article notes the shift of the Oscars broadcast from ABC to YouTube starting in 2029.
Warner Bros Montréal reportedly hit with staff cuts
Warner Bros. Montréal has reportedly experienced unspecified layoffs, with former employees indicating roles across narrative, design, and production were made redundant. These cuts follow the ongoing acquisition of Warner Bros. Discovery and previous layoffs affecting 99 employees in 2024.
Survival Craft Odyssey EverRail Future Games Show Trailer Released
A new trailer for Icebird Studios and Aesir Interactive's survival craft game EverRail showcases its core gameplay loop of managing a high-speed train, gliding for exploration, and undertaking roguelike expeditions. An Early Alpha Demo is available on Steam, with the game also available to wishlist on Steam and the Epic Games Store.
WB Games Montreal Has Seemingly Been Hit by Lay-Offs
WB Games Montreal has reportedly experienced layoffs, with several developers confirming their departures on LinkedIn. This follows Netflix withdrawing its acquisition offer for Warner Bros. Discovery in favor of a larger bid from Paramount Skydance. Affected employees include those who worked on Gotham Knights and Suicide Squad: Kill the Justice League.
Trump administration will reportedly get $10 billion for brokering the TikTok deal
The Trump administration is reportedly set to receive $10 billion in fees for brokering the deal that allowed TikTok to remain operational in the US. Investors including Oracle, Silver Lake, and MGX have already paid $2.5 billion, with further payments expected to reach the total sum. This follows previous significant financial dealings by the administration with companies like Intel and Boeing.
NCsoft acquires 70% stake in mobile developer JustPlay
NCsoft has acquired a 70% stake in mobile developer JustPlay for $202 million. This deal, expected to close by the end of April 2026, signifies NCsoft's continued expansion into the casual games market.
Sega responds to concerns after recording $200 million impairment write-down for Rovio
Sega has responded to concerns following a $200 million impairment write-down related to its acquisition of Rovio. Separately, NCsoft is acquiring a 70% stake in mobile developer JustPlay for $202 million, a deal expected to close in April 2026 as the Korean company expands into the casual games market.
