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Streaming platform Netflix has entered into an agreement with Finnish mobile game developer Next Games to acquire all of its issued and outstanding shares totaling around $71 million (€65 million). Read more…
Publisher TLM Partners had acquired the business and team of Reto Moto, the developers behind World War II-themed action PC game Heroes & Generals. Read more…
Video game credits and information database Moby Games has been acquired by Atari for $1.5 million. This follows after Atari expressed an interest in purchasing Moby Games when the iconic video game publisher and developer made a strategic investment in retro game streaming service Anstream in November 2021. Read more…
IN OTHER NEWS...
Canadian studio Offworld Industries receives a ‘strategic investment’ from Tencent. Offworld Industries hopes the investment will help it “build upon the live services of its successful FPS titles, manage studio growth, and fuel the development of future titles.” Read more…
Sky: Children of the Light developer Thatgamecompany has secured $160 million in investments. The developer will use the funding to support its latest mobile game, Sky: Children of the Light player base, expand the team, and scale its game development endeavors. Read more…
Educational games platform Legends of Learning has secured $5 million in funding. The developer of Legends of Learning: Awakening game aims to use the investment to expand its sales and scale up its engineering and game development teams. Read more…
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