A Santa Monica, CA venture capital firm, Griffin Gaming Partners, has announced its fund was oversubscribed, and now has over $1 billion in assets under management. Peter Levin, a co-founder of the firm said “Griffin Gaming Partners aims to unlock value and growth for our portfolio companies as informed advisers and connectors…

Gaming giants Microsoft, Take-Two and Sony have made enormous deals in 2022. Now, Nintendo is joining the action with its announced purchase of Systems Research and Development (SRD).
Nintendo announced in a Japanese Financial Accounting Standards Foundation filing it will be buying SRD, a company it’s been working hand and hand with since 1982.

Even in a wild year geopolitically, there’s no stopping M&A deals in the video game industry. 2022 has already broken records for deal value, and now French gaming company, Nacon is adding to the totals.
The company announced its acquisition of Daedalic Entertainment in a deal valued at $60 million.

The $173 billion global video game industry is expected to nearly double in value by 2027. According to reports by Mordor Intelligence and GWI, the industry will exceed $200 billion in revenue by 2023, and be worth over $314 billion by 2027.

Over the course of the past two years, there’s been a flurry of mergers and acquisitions within the video game industry. Ongoing consolidation has led to some of the biggest deals in history, with Microsoft’s announced deal to acquire Activision Blizzard for nearly $70 billion topping the bill.

While much attention has been paid to mega-deals in the gaming industry, like the Microsoft/Activision deal, and the Take-Two/Zynga deal, a number of smaller M&A deals have quietly flourished.

While many industries suffered under the lockdown era of COVID-19, one industry in particular seems to have not only bucked that trend, but is now blossoming into a global superpower. The $200 billion video game industry.

We’re just six weeks into 2022 and we’re already experiencing the highest valued year for M&A in the history of the video game industry. Last week, Sony announced plans to acquire the Halo and Destiny gaming studio, Bungie, for $3.6 billion.

Big companies gobbling up smaller ones is nothing new. But in a seemingly endless effort to grow by acquisition, large players in the video game industry have made some massive deals of late.

The hottest year for M&A in the video game industry has gotten hotter. Sony Interactive Entertainment has announced plans to acquire Bungie, the developer of the widely lauded Halo franchise, for $3.6 billion.