acquisition Archives - The Gaming Reporter

Epic Games has aquired Sketchfab, a 3D assets platform

Abhishek Ogale — Wed, 21 Jul 2021 14:33:28 +0000

Epic Games today announced the acquisition of Sketchfab, a web-based platform to buy and sell 3D content assets. Assets such as animals, vehicles, environmental objects, etc. These assets can be used in game development, animated, VR, etc. “Joining Epic will enable us to accelerate the development of Sketchfab and our powerful online toolset, all while…

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Outriders developer People Can Fly has acquired Phosphor Games

Abhishek Ogale — Mon, 26 Apr 2021 13:30:09 +0000

Outriders developer People Can Fly has acquired Phosphor Games, a Chicago based game development studio. The studio has worked on titles like Horn, Dark Meadow, The Path to Luma, The Brookhaven Experiment, etc. The studio has been acquired under a newly established company, People Can Fly Chicago. Justin Corcoran, CEO of Phosphor Studios calls the…

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Microsoft reportedly is in talks to acquire Discord for more than $10 billion USD

Abhishek Ogale — Tue, 23 Mar 2021 12:16:45 +0000

Microsoft reportedly is in talks to acquire Discord, the popular social platform used by gamers world wide for more than $10 billion USD, as per a Bloomberg report. The discussion reportedly is still in early stages and the company is still negotiating and weighing its options. Discord was initially built as a messaging app for…

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Microsoft’s purchase of ZeniMax Media approved by the EU

Abhishek Ogale — Mon, 08 Mar 2021 12:16:08 +0000

Back in September of 2020 it was announced that Microsoft will be acquiring ZeniMax Media the parent company of Bethesda Softworks. Back then, Phil Spencer, Xbox Head & VP of Gaming at Microsoft said that the deal will complete by the second half of 2021. The European Union has approved Microsoft’s purchase of ZeniMax Media.…

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Electronic Arts to takeover game developer Glu Mobile

Tanya Mishra — Wed, 10 Feb 2021 08:49:37 +0000

The acquisition: Electronic Arts, the video game company headquartered in California, is all set to purchase Glu Mobile for $2.4 billion. With the immediate spread of this news, the Glu shares rose to 34% on February 9th, 2021. The acquisition will be over by the second quarter of 2021. After acquiring the British game developer…

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Embracer Group acquires 11 new game development studios

Abhishek Ogale — Thu, 19 Nov 2020 10:31:46 +0000

Embracer Group, the parent company of THQ Nordic yesterday revealed its financial results for first half of the fiscal year. It was also revealed that the company has made 13 acquisition this year. The 13 acquisitions include 11 game development studios and 2 non-game development companies, a PR Agency and a QA Specialist company. Here’s…

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Sony MIGHT consider acquiring other game studios

Abhishek Ogale — Thu, 29 Oct 2020 13:41:54 +0000

Even if you don’t own a PlayStation 5 or don’t plan to buy one, you should be happy to hear that Sony will consider acquiring other game studios to strengthen its library of games for PlayStation 4 & 5. While speaking with Reuters the President and CEO of Sony Interactive Entertainment Jim Ryan said that…

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JetSynthesys announces 100% acquisition of mobile game development studio Nautilus Mobile

Editorial Desk — Mon, 05 Oct 2020 12:42:02 +0000

JetSynthesys, a digital entertainment and technology company with a foray in gaming, digital entertainment, and interest-based social community platforms, has announced the 100% acquisition of mobile game development studio Nautilus Mobile. A Pune based company committed to developing and publishing high-quality cricket games, Nautilus Mobile is the creator of the widely popular, award-winning Real Cricket™…

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What Microsoft’s ZeniMax(Bethesda) acquisition means for the gaming industry

Abhishek Ogale — Wed, 23 Sep 2020 07:50:08 +0000

Microsoft will be acquiring ZeniMax Media,the parent company of Bethesda Softworks, for $7.5 billion. This deal has the potential to make major changes in the industry as Xbox will now have the ability to keep games from Bethesda exclusive to Xbox platform. Microsoft was also looking to acquire WB Games but couldn’t as parent company…

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