DDM: Gaming investments reached $4.8bn during Q2
The period also saw M&A transactions increase by 135% year-over-year across 59 deals
A new report from Digital Development Management (DDM) reveals that video game investments during Q2 2022 reached $4.8 billion.
The video games agency notes that the figure represents an increase of 37% year-over-year at a volume of 217 deals.
Blockchain gaming investments totaled 25% of Q2 2022's value at $1.2 billion.
Meanwhile, total M&A transactions reached $18.6 billion and saw a growth of 135% year-over-year for the quarter.
DDM went on to say this increase in mergers and acquisitions happened across 59 deals, it attributed two-thirds of the quarter's value to Take-Two’s purchase of Zynga for $12.7 billion.
The report also recognized a few gaming M&A deals that took place during Q2 as notable.
Such as Embracer acquiring Crystal Dynamics, Eidos Montreal and Square Enix Montreal for $300 million along with a selection of other IPs.
Another acquistion the report highlighted was Unity’s merger with IronSource. The deal has valued the app developer platform at $4.4 billion.
DDM’s report also provided details regarding H1 2022, covering the first six months of the year.
Total investments reached $8.3 billion at 460 deals; the figure was a decrease of 67.5% year-over-year.
Mergers and acquisitions amassed $26.5 billion and were down 7% when compared to the same period last year.
Additionally, the firm explained that 2021 was an active year for video game investments and consolidation.