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This is a list of largest mergers and acquisitions (M&A) in the video game industry with publicly disclosed deal values.Microsoft's acquisition of Activision Blizzard is the most expensive video game acquisitions of all time followed by Activision-Vivendi Games merger and Take-Two Interactive-Zynga acquisition. 14 of the 20 most expensive video game purchases in video game history occurred ...
17. NEXON Co., Ltd. (NEXOF) 2021 annual revenue: $2.54 billion. NEXON Co., Ltd. (NEXOF) is a world-leading gaming company involved in the production and development of services for PC and mobile ...
The escalating expenses associated with video game development have prompted major gaming companies like Sony and Warner Bros. Games to pivot towards creating mobile and live service games. [41] [42] Layoffs and studio closures have also impacted successful live service game companies, such as Epic Games and Bungie.
Sony Interactive Entertainment is the world's largest video game company, followed by Tencent. [1] Out of the 59 largest video game companies, 14 are located in the United States, 11 in Japan, and 7 in South Korea. Warner Bros. Games, Annapurna Interactive and Valve Corporation are not included in this list.
However, green shoots indicate that the gaming company hit the bottom in the second half of 2023 and is set for better times in 2024 and beyond. Person on bed looking at phone. Image source: Getty ...
The news was released to the public two weeks later, on July 8. [29] Most of Data East's video game library was acquired in February 2004 by G-Mode, a Japanese mobile gaming company that is now owned by Marvelous. [32] [33] G-Mode also owns the Data East trademark.
Electronic Arts is an American company that is a developer, marketer, publisher, and distributor of video games, that was founded in 1982. Products of the company include EA Sports franchises, Sims, and other titles on both handheld and home gaming consoles. [1] Electronic Arts often acquires new companies to expand or add to new product lines.
The deal has been approved by both companies' board of directors and is expected to close in 2023 following international government regulatory review of the action. [14] [15] Upon completion of the deal, Activision Blizzard would be a sibling entity to Xbox Game Studios under a new Microsoft Gaming division with Phil Spencer as its lead.