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DDM: Gaming investments hit $2.2bn during Q3

The period also saw M&A transactions fall by 65% year-over-year across 66 deals

A new report from Digital Development Management (DDM) reveals that video game investments during Q3 2022 reached $2.2 billion.

The video games agency notes that the figure represents a decline of 55% year-over-year at a volume of 156 deals.

Blockchain gaming investments totaled 63% of Q3 2022's value at $1.4 billion.

Meanwhile, total M&A transactions reached $6.5 billion and saw a decrease of 65% year-over-year for the quarter.

The report noted that the sectors that amassed the most value were console and PC at 72%, esports accounted for 19%, while tech made up 8%.

DDM went on to say mergers and acquisitions figure happened across 66 deals, 56% of the quarter's value was attributed to Sony's purchase of Bungie for $3.6 billion.

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Jeffrey Rousseau

Staff Writer

Jeffrey Rousseau joined GamesIndustry.biz in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.