TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GameSquare to acquire Reciprocity; TinyBuild backs Hologryph by USD$3m (£2.2m); and Fyber revenue climbs by 94%. GameSquare to acquire Reciprocity Publicly-listed esports agency GameSquare Esports Inc. has announced that it has signed an agreement with fellow Canadian gaming and esports organisation Reciprocity for a minimum of 43,750,000 newly-issued shares, valued at €18.375m (£16.381m) at the time of writing, with an additional 20 million shares to be issued [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EG7 to acquire Piranha Games; AppsFlyer extends Series D to USD$225m+; and Keywords Studios boosts marketing capabilities with g-Net Media purchase. EG7 to acquire Piranha Games Stockholm-based video games holding group Enad Global 7 AB (EG7) has announced that it has signed an agreement to acquire Canadian PC and console developer Piranha Games for an initial consideration of CAD$31.4 (£18.0m), of which CAD$20.9m (£12.0m) is in cash and [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Kahoot! acquires Drops; Hello Yellow Brick Games; and ByteDance launches indie publisher and mobile game store. Kahoot! Acquires Drops Oslo-based educational gaming company Kahoot! has announced that it has acquired Estonian language game developer Drops for an initial consideration of USD$31m (£23m) paid in cash and share capital, plus a performance-tied earn-out sum of USD$19m (£14m) payable by the close of the 2021-2022 financial year. According to figures [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group in 13-strong acquisition spree; Queens Gaming Collective raises USD$1.5m (£1.1m); and AudioMob secures USD$1.5m (£1.1m). Embracer Group in 13-strong acquisition spree Video games holding company Embracer Group has greeted the start of this November morning with somewhat of a mother lode of M&A announcements, with the Karlstad-based group revealing that it has acquired 13 separate companies from across the globe. The initial considerations total approximately SEK2bn [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Thunderful Group acquires Station Interactive; MGI completes €80m (£72m) bond placement; and ACCO Brands expands into gaming with PowerA purchase. Thunderful Group acquires Station Interactive Gothenburg-based video game holding company Thunderful Group has announced that it has acquired 100% of the assets in fellow Swedish studio Station Interactive for an undisclosed sum. The acquired development house, commonly referred to as “The Station”, is best known for its in-house [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PUBG Corp. to invest USD$100m (£75.5m) in India; Corsair acquires Gamer Sensei; and Hector Rodriguez re-acquires OpTic Gaming. PUBG Corp. to invest USD$100m (£75.5m) in India PUBG Corporation has announced that its PUBG Mobile title is set to return to the lucrative Indian market, two months after it terminated the publishing contract brokered with Shenzhen-based conglomerate Tencent Holdings following a swathe of app bans imposed by the national [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Take-Two submits proposal to acquire Codemasters; F1’s Norris launches esports team; and Microsoft in acquisition talks with Japanese studios. Take-Two submits proposal to acquire Codemasters Take-Two Interactive Software has submitted a non-binding proposal to acquire racing title developer-publisher Codemasters for £739.2m, approximately three-quarters of which would be paid in Take-Two share capital, and the remainder in cash. Under the regulations for UK-based public companies, Take-Two has to either [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: eUnited and Backstageplay terminate merger agreement; Ignition Facility founded; and Light Brick Studio splits from Lego Group. eUnited and Backstageplay terminate merger agreement Los Angeles-based esports organisation eUnited and mobile entertainment and gamification platform Backstageplay, which operates out of Vancouver, have announced that they have terminated the merger agreement brokered between the firms in June this year. Prevailing market conditions and ongoing economic uncertainty driven by the ongoing [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Curve Digital acquires IronOak Games; Accelerate Games founded; and Sugar raises £1.5m for game studio financing. Curve Digital acquires IronOak Games London-based indie publisher Curve Digital has announced that it has acquired Canadian studio IronOak Games for an undisclosed sum. The acquired developer, operating out of Vancouver, is best-known for its 2018 title For the King which was published by Curve across PC and console platforms. IronOak Games [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Corsair bolsters streaming portfolio with EpocCam acquisition; WinZO raises USD$2m (£1.5m); and Scottish game industry employment up 17%. Corsair bolsters streaming portfolio with EpocCam acquisition Video game hardware company Corsair Gaming Inc. has announced that it has acquired mobile streaming software application EpocCam from Finland-based Kinoni for an undisclosed sum. The acquired product is listed on the Apple App Store and allows users to covert their iPhone or [...]