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Japan’s LY Corporation Becomes The Largest Shareholder of Kakao Games in ~$370m Restructuring
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Japan’s LY Corporation Becomes The Largest Shareholder of Kakao Games in ~$370m Restructuring
Japan-based technology group LY Corporation (TYO: 4689), owner of the LINE messaging platform and Yahoo! Japan, is acquiring management control of South Korea-based multi-platform game publisher Kakao Games Corp. (KOSDAQ: 293490) through a capital injection of ~$201m (KRW 300B) in new equity and debt ...
Behaviour Interactive: The Fun Pimps Acquisition
M&A
Behaviour Interactive: The Fun Pimps Acquisition
Canada-based Behaviour Interactive has acquired The Fun Pimp, a US-based PC & Console game developer best known for the title 7 Days to Die, for an undisclosed sum. The transaction is Behaviour’s sixth studio acquisition since May’22 and its first purchase of a scaled, revenue-generating ...
Nazara’s ~$100m Bluetile & BestPlay Deal Marks Its Largest Acquisition
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Nazara’s ~$100m Bluetile & BestPlay Deal Marks Its Largest Acquisition
Nazara Technologies (NSE: NAZARA), India’s publicly listed gaming company, has agreed to acquire a 50% controlling stake in Spain-based casual mobile gaming company Bluetile Games S.L. (formerly Playvalve S.L.) and its rewarded-engagement platform, BestPlay Systems S.L., for an upfront ...
NCSOFT’s $202m JustPlay Bet Anchors Its Casual Gaming Expansion
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NCSOFT’s $202m JustPlay Bet Anchors Its Casual Gaming Expansion
NCSOFT’s $202m JustPlay Bet Anchors Its Casual Gaming Expansion NCSOFT (KRX: 036570), the South Korea-based video games developer and publisher behind the Lineage franchise and Guild Wars 2, is acquiring a 70% stake in Germany-based mobile platform company JustPlay for ~$202m (KRW 301.6B). The ...
Hasbro Sheds Debt as Wizards of the Coast Hits $2.2B Digital Milestone
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Hasbro Sheds Debt as Wizards of the Coast Hits $2.2B Digital Milestone
US-based games, IP, and toy company Hasbro (NASDAQ: HAS) has priced a $400m public offering of 4.65% senior unsecured notes due 2031, with net proceeds of ~$397m. Closing is expected on or about Mar 12, 2026. Proceeds will primarily redeem Hasbro’s 3.55% notes due Nov’26 ($497m outstanding), ...
Tencent in Talks to Acquire Stake in Block Blast! Developer Hungry Studio
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Tencent in Talks to Acquire Stake in Block Blast! Developer Hungry Studio
Chinese gaming giant Tencent (SEHK: 700) is reportedly in talks to acquire a small stake in Hong Kong-based casual mobile game developer Hungry Studio, according to Bloomberg. Discussions have been ongoing for several months and could result in an investment announcement, although no final decision has ...
Scopely Secures Majority in Loom Games at $1B+ Valuation
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Scopely Secures Majority in Loom Games at $1B+ Valuation
US-based mobile games publisher Scopely has acquired a majority stake in Türkiye-based mobile game developer Loom Games for undisclosed terms. The deal is structured as a multi-year performance-based agreement and values the company at more than $1B, making Loom Games the seventh gaming unicorn in ...
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