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2012 was a record year for buy-outs and mergers – report

Wednesday, 10th April 2013 22:43 GMT By Brenna Hillier

According to a new report from investment bank Digi-Capital, as harvested by GamesIndustry, the games industry saw record consolidation in 2012, with total merger and acquisition spending reaching $4.2 billion. Interestingly, there were 26% fewer deals in 2012 than 2011, but a handful of really big ones sent the tally climbing sky high – think Nexon’s 15% purchase of NCsoft for $685 million; and Sony’s $380 million Gaikai acquisition. Many of the deals originated in China and Korea. Unfortunately, external investment figures were down – Digi-Capital suggests Zynga’s huge IPO and subsequent crash has scared venture capitalists off the games industry.

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1 Comments

  1. Lengendaryboss

    2012 was also a year of closures, Big Big Studios (Killing Off A Handheld Specialist Studio before the Launch of PS Vita), Studio Liverpool (Mistake they weren’t given a chance to show off their canned New IP), Zipper Interactive (Unfortunately had it coming), Rockstar Vancouver (they got re-offered jobs, but still closed).

    #1 2 years ago

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