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Borderlands developer Gearbox Entertainment has agreed to acquire Lost Boys Interactive for an undisclosed sum. Following the acquisition, Lost Boys will operate independently of Gearbox Entertainment and will continue working with Gearbox on all upcoming projects. Read more…
Room 8 Group closed a deal to acquire PUGA Studios for an unknown sum. With this acquisition, Room 8 will have access to new resources that will help it expand and grow into global markets. Read more…
Embracer agrees to buy Crystal Dynamics, Square Enix Montreal, and Eidos Montreal for $300 million. The agreement includes Embracer acquiring the rights of Tomb Raider, Thief, Deus Ex, and other IPs, including more than 50 back-catalogue games. Read more…
The Pokémon Company International has acquired the manufacturer of the Pokémon Trading Card Game, Millennium Print Group, for an unknown sum. Millennium Print Group has been printing the cards of the Pokémon Trading Card Game since 2015. Read more…
Aspyr Media, a subsidiary of Saber Interactive is all set to acquire developer Beamdog. Following the acquisition, Aspyr Media will also purchase Beamdog’s first original title MythForce. Read more…
Publisher AppLovin has acquired the word puzzle game Wordle! (not the one owned by The New York Times) from developer Steven Cravotta for an undisclosed sum. Released in 2016, Wordle! is available for both iOS and Android and is now managed by Lion Studios Plus. Read more…
IN OTHER NEWS...
Saudi mobile game developer and publisher Spoilz Games has secured $693,000 in pre-seed funding. The studio said it intends to use the funds to expand its portfolio by developing and publishing high-quality, engaging games for gamers in the MENA region. Read more…
Playable Worlds has received a strategic investment of over $25 million in a Series B funding round led by Kakao Games Corp. The studio will use the investment to expand its team and support the development of its MMO title. Read more…
Leading game development and creative services company, Virtuos announced it invested in Canadian game studio Umanaïa Interactive. The investment in Umanaïa is part of the company’s strategy to expand its business operations. Read more…
Game developer ProbablyMonsters has closed its latest fundraising round with $250 million. It is the largest amount ever raised by a video gaming company. The studio said it plans to deploy the funds in its three development studios and their ongoing AAA projects. Read more…
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