Gam investments news
Here are some recent news and updates on game investments:
Recent Deals:
- Tencent invests $150 million in Indian gaming company, Nazara Technologies: Tencent, a Chinese conglomerate, has invested $150 million in Nazara Technologies, an Indian gaming company that specializes in mobile games. (Source: Reuters)
- Epic Games raises $250 million from KKR and others: Epic Games, the developer of Fortnite, has raised $250 million from investors including KKR, Smash Ventures, and others. (Source: VentureBeat)
- Candy Crush maker, King Digital, raises $500 million from investors: King Digital, the maker of Candy Crush, has raised $500 million from investors including Tencent, Activision Blizzard, and others. (Source: Bloomberg)
Trends and Insights:
- Mobile gaming continues to dominate: Mobile gaming continues to be the largest and fastest-growing segment of the gaming industry, with revenues expected to reach $128 billion by 2025. (Source: Statista)
- Esports investing on the rise: Esports investing is gaining traction, with investors pouring money into teams, leagues, and platforms. (Source: Forbes)
- Cloud gaming gaining popularity: Cloud gaming, which allows players to play games on any device with an internet connection, is gaining popularity, with companies like Google, Microsoft, and NVIDIA investing heavily in the space. (Source: The Verge)
Recent Funding Rounds:
- Riot Games raises $100 million from investors: Riot Games, the developer of League of Legends, has raised $100 million from investors including Tencent, KKR, and others. (Source: VentureBeat)
- Supercell raises $100 million from investors: Supercell, the developer of Clash of Clans, has raised $100 million from investors including Tencent, SoftBank, and others. (Source: Bloomberg)
- Roblox raises $150 million from investors: Roblox, a popular online gaming platform, has raised $150 million from investors including Andreessen Horowitz, Index Ventures, and others. (Source: TechCrunch)
Recent M&A Activity:
- Electronic Arts acquires Respawn Entertainment: Electronic Arts has acquired Respawn Entertainment, the developer of Apex Legends, for $455 million. (Source: Bloomberg)
- Microsoft acquires Obsidian Entertainment: Microsoft has acquired Obsidian Entertainment, the developer of The Outer Worlds, for an undisclosed amount. (Source: IGN)
- Ubisoft acquires Blue Mammoth Games: Ubisoft has acquired Blue Mammoth Games, the developer of Brawlhalla, for an undisclosed amount. (Source: Game Informer)
These are just a few examples of recent news and updates on game investments. The gaming industry is constantly evolving, and new deals, trends, and insights are emerging all the time.