Ubisoft has responded to recent reports that the company is in talks to sell. Ubisoft does not deny the report, but also stops shy of confirming.
Read More »Ubisoft reportedly in talks to sell and go private
Ubisoft might be preparing for a buyout following a string of poorly received games and rapidly dropping share prices. Guillemot may sell to Tencent.
Read More »Krafton acquires ‘The Ascent’ developer Neon Giant
In a surprise announcement during Krafton's latest earnings call, the company announced it has acquired Neon Giant, the developer behind The Ascent. That makes it the fifth acquisition in the span of two years. Unlike most acquisitions, neither of the two companies has made any public announcements. Instead, we've learned …
Read More »Unity rejects $17.5B buyout offer, will continue acquisition of IronSource
Last week, Unity received a surprise acquisition offer, with mobile-focused company, AppLovin, offering $17.5 billion. There's just one problem, the merger would mean that Unity would have to cancel its previously announced deal to acquire IronSource. After talking it over, Unity has decided to go ahead with its original plans. …
Read More »AppLovin wants to acquire Unity in a deal worth $17.5 billion
Unity could potentially have new ownership soon. Mobile-focused company, AppLovin has proposed a buyout of Unity in a deal worth $17.5 billion. AppLovin made the offer this week, presenting an all-stock deal currently worth just over $17.5 billion. Unity is now evaluating the offer, but the situation is a little …
Read More »EA CEO responds to buyout and merger rumours
EA has made a number of big acquisitions in recent years, adding Respawn Entertainment, Codemasters and most recently, Playdemic. Still, that didn't stop EA's name from being mentioned in buyout rumours earlier this year. This week during EA's quarterly earnings call, CEO, Andrew Wilson, addressed the elephant in the room. …
Read More »Twitter is suing Elon Musk for pulling plug on buyout
After seemingly joking about it earlier this year, Elon Musk made a bid to acquire Twitter in April 2022, offering $43 billion for control of the company. Shortly after, Musk put the deal ‘on hold' while awaiting accurate information on the number of spam bot accounts on the platform. Now, …
Read More »Elon Musk is officially buying Twitter, plans to complete deal this year
Just as reported yesterday afternoon, Elon Musk is indeed buying Twitter. The company officially accepted the buyout offer last night, with plans to complete the deal before the end of the year. Thanks to the announcement, we can also clear up confusion on how much the deal is worth. Previously, …
Read More »Twitter plans to accept Elon Musk’s buyout offer, sources claim
Elon Musk has always had a huge presence on Twitter, to the point where even if you don’t follow him, you’ve likely seen him pop up in your feed. Now, Musk is making a bid to buy Twitter outright, and despite early reports, it seems the company will accept the offer.//
Read More »Ubisoft reportedly looking to sell after string of controversies and game delays
A few years ago, Ubisoft was under threat of hostile takeover, as Vivendi began buying up shares in the company. At the time, Ubisoft fought back to maintain its independence, but after a string of major project delays and work culture controversy, it looks like Ubisoft may finally be ready …
Read More »Nvidia acquires HPC storage specialists Excelero
Nvidia's plans to buy ARM may not have gone well, but that doesn't mean there aren't other companies worth acquiring. With the ARM deal now dead, Nvidia has turned its attention to other acquisitions, starting with Excelero, an HPC storage specialist company based in Tel-Aviv. With the acquisition of Excelero, Nvidia …
Read More »CD Projekt Red is not for sale and has ‘no plans’ to be acquired
CD Projekt Red has had a very rough year, with the disappointing release of Cyberpunk 2077 tarnishing the studio's reputation. Earlier this year, some financial analysts did suggest that this launch could prime CD Projekt Red for a takeover or acquisition by a larger entity, but the studio this week …
Read More »CD Projekt acquires ‘Flame in the Flood’ studio to develop a new game
CD Projekt just acquired the developer behind the Flame in the Flood, The Molasses Flood. Now under the CD Projekt Group, The Molasses Flood will begin working on a new “ambitious project” based on a CD Projekt franchise – so either Cyberpunk or The Witcher. The Molasses Flood was created …
Read More »Microsoft and others in talks to acquire Discord for as much as $10 billion
Microsoft isn't only interested in acquiring game developer studios, it seems the company is also looking at gaming-adjacent services for acquisitions too. This week, reports claim that Microsoft is currently in talks to buy Discord – potentially for more money than it spent on acquiring Bethesda. According to VentureBeat, Discord …
Read More »Embracer Group buys Little Nightmares developer Tarsier Studios for £8.1m
Embracer Group, the Swedish holding company that owns THQ Nordic, Koch Media and Coffee Stain, has acquired the developers of Little Nightmares, Tarsier Studios, for a total of £8.1m/€9.5m/$10.5m, divided in cash (88.9%) and Embracer B-shares (11.1%). This acquisition includes the studio, its 65 employees, and the IPs that it owns. …
Read More »Sunrise Records saves 100 HMV stores in the retailer’s second buyout
At the end of last year, history repeated itself as HMV fell into administration for a second time in five years, putting thousands of jobs on the line. Narrowly escaping closure once more, it seems as though the UK retailer has found another buyer but not all stores will be …
Read More »Disney accepts the EU’s condition of approval for Fox acquisition
Disney’s buyout of Fox’s entertainment division was approved by the US Department of Justice in July, under the condition that it offloads the 22 Sports Regional Networks within 90 days of the acquisition. Disney has now secured approval from the European Commission, however the firm will have to sacrifice even …
Read More »As Qualcomm raises its NXP offer, Broadcom slashes $4 billion off of its Qualcomm buyout deal
For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion. On both occasions, Qualcomm declined, which led to Broadcom announcing a hostile takeover strategy, which hinges on swaying shareholders at Qualcomm's next shareholder meeting. …
Read More »Broadcom to move forward with hostile takeover after Qualcomm rejects final buyout offer
For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion last week. On both occasions, Qualcomm declined, so now Broadcom appears to be moving forward with a hostile takeover strategy. In order to take …
Read More »Qualcomm rejects Broadcom’s ‘final’ takeover offer
Back in November, Qualcomm found itself in the sights of Broadcom, receiving a massive $130 billion takeover offer. At the time, Qualcomm rejected the bid, stating that the amount offered did not truly represent the value of the company. Rumors of a hostile takeover brewed in the months that followed, …
Read More »Broadcom offers Qualcomm more money, breaking records with $145 billion bid
Broadcom has been aggressively pushing to buy out its rival, Qualcomm for quite some time. Despite hopes of its newfound partnership with Samsung quelling hostile takeover bids, it seems that Qualcomm is far from in the clear as Broadcom is upping its offer from $130 billion to a record breaking …
Read More »Qualcomm has rejected Broadcom’s $100B+ buyout bid
Earlier this month we learned that rival chip maker, Broadcom, would be making a $130 billion bid for Qualcomm. The deal would merge the two companies, creating the third largest chip maker in the world. However, it seems that Qualcomm is not interested in selling, with reports this week saying …
Read More »Broadcom is offering to buy Qualcomm for $130 billion
Qualcomm already has its plate full with its various legal battles against Apple, but it looks like the company is about to have another issue to deal with. This week, rival chipmaker Broadcom made an unsolicited bid to take over Qualcomm, in a deal worth $130 billion. Broadcom is offering …
Read More »Verizon and Yahoo agree to $4.48 billion purchase price
Following lengthy debates and much fall out at the news that Yahoo had suffered a number of breaches over the past few years, a deal has been reached for the planned Verizon buyout. It won't be quite the near $5 billion initially offered, but neither has Yahoo lost a billion …
Read More »Razer purchased cloud-phone maker Nextbit
Razer has purchased cloud smartphone maker, Nextbit, including the rights to its Robin handset. It's not clear right now what it is Razer plans to do with its new subsidiary, but it joins the likes of THX and Ouya, as part of a library of brands and hardware that could …
Read More »Disney rumoured to be considering Twitter buyout
Disney may add Twitter to its list of acquisitions in recent years, joining the likes of Marvel and Star Wars, though if it did buy the social network, it would be a substantial purchase. Valued currently at $20 billion, such a buy would represent multiple years of net income, even …
Read More »Twitter said to be in talks to sell entire company
Twitter may be in talks with a number of technology firms to see if it would be viable to sell off its entire social media platform. Although unconfirmed, Twitter has struggled with monetisation over the years and it's not a move that would surprise many analysts. Reuters is reporting a …
Read More »Twitch is swallowing up the entire Curse brand
Amazon owned Twitch is looking to expand its reach in the gaming world, with the acquisition of Curse, a brand of websites, multimedia channels and applications. This gives Twitch control of a number of popular websites, which together bring in over 30 million visitors a month – giving it excellent …
Read More »Remember, the mighty do fall: Yahoo sells to Verizon
Yahoo is a name that many of you might not have heard for some time, but it was once one of the biggest players in the online world. But like many of those old guard, it too is now somewhat irrelevant, so it is perhaps fitting that this week it has …
Read More »Verizon may announce Yahoo buy for $5 billion later today
Although a number of organisations, companies and entities have been vying to buy up long-term online property, Yahoo, the latest rumour suggests that Verizon is the clear front runner. So much so in-fact, that a deal may be announced later today, with a suggested purchase price of around $5 billion. …
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