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Huuuge ambitions: How a $300m IPO will make the Polish mobile studio last forever

CEO and founder Anton Gauffin details his plans to "build and buy" his way to success in the market

By James Batchelor

Codemasters directors to vote in favour of EA bid

If shareholders approve the deal, it will be sanctioned on February 16

By Marie Dealessandri

Tencent made record number of games M&A deals in 2020

Chinese giant invested in 31 companies, three times more than the year before

By James Batchelor

Latest Business articles

Nacon acquires Big Ant Studios for €35m

French publisher aims to become market leader for rugby, tennis and cricket games with purchase of Australian studio

By James Batchelor

Developers should be wary of the IPO's siren call | Opinion

As CD Projekt Red's Cyberpunk woes turn legal, developers with an eye on the stock market should think carefully about doing business under that level of scrutiny

By Rob Fahey

Sagard NewGen acquires minority stake in Asobo Studio

The Flight Simulator developer opened its capital to "support its growth, while preserving its strategic and creative autonomy"

By Marie Dealessandri

Québec law firm files latest Nintendo Switch Joy-Con drift lawsuit

Lambert Avocat seeking compensation for all Québec consumers who bought Switch controllers since August 2017

By James Batchelor

Capcom raises forecasts thanks to growing digital sales

Solid performance for Resident Evil 3 and strong orders for Monster Hunter Rise delivering better-than-expected year

By James Batchelor

Team17 acquires Golf With Your Friends for £12m

The UK publisher has plans for more DLC for the title, and a potential sequel

By Marie Dealessandri

Twitch permanently bans Trump, will update policy after Capitol siege

Streaming site says recent events have raised concerns over "rhetoric that encourages violence"

By James Batchelor

EU fines Valve and five publishers €7.8m for geo-blocking practices

Valve alone was fined over €1.6 million, having refused to cooperate with the European Commission

By Marie Dealessandri

Playtech sells YoYo Games to Opera for $10m

Update: YoYo Games confirmed the acquisition, which will form the basis for new Opera Gaming division

By Marie Dealessandri

IPO plans value Krafton at up to $27bn

The initial public offering is reportedly scheduled for the second half of 2021

By Marie Dealessandri

Nintendo opens corporate and investor relations Twitter account

Social media account will be used to share financial announcements and other corporate-focused information

CD Projekt faces a second class-action lawsuit over Cyberpunk 2077

Firm says content, subject and scope is same as the first suit, reiterates it will "undertake vigorous action to defend itself"

By James Batchelor

Savage Game Studios raises $4.4m

Core team of new developer is formed of ex-Rockstar, Wargaming and Rovio staff

By James Batchelor

2020 sees record US games spending at $56.9bn | US Annual Report

Call of Duty: Black Ops Cold War was the best-selling game of the year, while the Nintendo Switch was the No.1 platform

By Marie Dealessandri

Epic Games takes legal action against Apple and Google in UK

Update: Apple says Epic's "reckless behavior made pawns of customers", and it "looks forward to making this clear to UK courts"

By James Batchelor

505 Games acquires Infinity Plus Two

Update: Digital Bros clarified that it acquired Infinite Interactive and Infinity Plus Two for $4.5 million

By Marie Dealessandri

Games investments reached $33.6bn in 2020

There were 219 M&A deals last year, dominated by Tencent, Embracer, Stillfront, and Zynga

By Marie Dealessandri

Playtika IPO raises $1.88bn

Share price exceeds expectations, mobile publisher begins trading on Nasdaq Global Select Market today

By James Batchelor

Nintendo blocks videos by Game & Watch hacker

But YouTuber who added other games to Super Mario Bros anniversary handheld is filing disputes to reinstate them

By James Batchelor

Kuato raises £4.5m, expands to VR

Educational gaming studio's Panic Room will let one player direct the action from a PC or mobile device while another plays through a VR headset

By Brendan Sinclair

ESA PAC to pause political contributions following insurrection at US Capitol

In the 2020 election cycle, it donated to five representatives who later voted to overturn US presidential election

By Rebekah Valentine and Brendan Sinclair

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