INDUSTRY NEWS
Seven Reasons Why More People Are Investing In The Video Game Industry Now, More Than Ever Before
February 1, 2022
Video games have gone mainstream. Everyone from toddlers to grandparents are now playing their favorite games on consoles, PCs and mobile devices. What started off as a niche market geared towards teens and young adults has blossomed into a bohemoth.
0 Comments4 Minutes
2022 Video Game Industry Conference Schedule Announced
January 27, 2022
The 2022 schedule of video game industry conferences and conventions has been released. With over 100 conferences and conventions scheduled, this year’s lineup will give both investors and presenters the opportunity to meet face-to-face to display technology and discuss investment, and potential M&A deals.
0 Comments1 Minutes
2021 Deal Volume and Value in Video Game Industry Was Three Times Greater Than 2020
January 25, 2022
The final numbers are in. 2021 was a record investment year for the video game industry, with roughly $85 billion in deals. The figure, three times greater than 2020 could be dwarfed this year, as over $80 billion in M&A have already occurred by late January.
0 Comments2 Minutes
Consumer Video Game Spending Hits New Record in 2021
January 20, 2022
In the lockdown induced year of 2020, video game use and spending on content, hardware and accessories hit records. It was expected that once lockdowns were eased, spending in the sector would fall. That has not happened.
0 Comments3 Minutes
Microsoft Acquires Activision Blizzard For $68.7 Billion
The Biggest Deal in Gaming History
January 18, 2022
Kiss the video game industry’s $70+ billion in total 2021 deals goodbye. We’re less than three weeks into 2022 and we may have already set a new annual dollar-value record for video game industry mergers, acquisitions, and investment in the space.
0 Comments3 Minutes
2022 Consumer Electronics Show Dominated by The Video Game Industry
January 13, 2022
The 2022 Consumer Electronics Show (CES) held January 5 through January 8 in Las Vegas, Nevada, just wrapped up, and was dominated by video games and video game-tech this year.
0 Comments3 Minutes
Mega-Acquisition Announced:
Take-Two Interactive to Buy Zynga for $12.7 Billion
January 11, 2022
Take-Two (NASDAQ: TTWO) will acquire all outstanding shares of Zynga (NASDAQ: ZNGA) for $9.86 per share, a massive 64% premium over Friday’s closing price of $6.00. The deal will pay Zynga shareholders $6.36 in TTWO stock and $3.50 in cash for every share of ZNGA held.
0 Comments2 Minutes
2022 Starts Hot: New $225 Million Gaming SPAC Announced
January 5, 2022
Jack Tretton, the former CEO of PlayStation, has announced a new $225 million special acquisitions company (SPAC) focusing on the video gaming industry. The SPAC, called PowerUp Acquisitions, will raise $225 million at $10 a share, offering 22.5 million shares.
0 Comments3 Minutes
Defining Moments of the 2021 Video Game Industry
December 27, 2021
2021 has been a banner year for the video game industry. There were record investment, record mergers and acquisitions and record public listings. 2022 promises to be the best year yet for both the industry and its investors. As we approach the new year, here are some of the defining moments of 2021.
0 Comments3 Minutes
Voodoo to Invest $200 Million in 2022
December 21, 2021
The company, backed by Tencent and Goldman Sachs, says it will concentrate this capital in gaming studios who develop blockchain-based mobile games. Blockchain technology, especially assets like NFTs, are expected to revolutionize and incentivize gamers.
0 Comments3 Minutes
TCI NEWS
Nothing found.
INFOGRAPHICS
Nothing found.