Electronic Arts Acquires Glu Mobile

Evolution AB Acquires Galaxy Gaming for Approximately $85M

July 18, 2024

Media & Entertainment

Evolution AB (publ), via its subsidiary Evolution Malta Holding Limited, agreed to acquire Galaxy Gaming, Inc. for approximately $85 million in cash, valuing the company at about $124 million including net debt. The deal strengthens Evolution's US presence and content portfolio by adding Galaxy's proprietary table games and technology; Galaxy's management and employees will be retained and the transaction is expected to close in mid-2025 subject to shareholder and regulatory approvals.

Take-Two Interactive Acquires Zynga

May 23, 2022

Software

Take-Two Interactive Software, Inc. completed its combination with Zynga Inc., with Zynga stockholders receiving $3.50 in cash and 0.0406 shares of Take-Two common stock per Zynga share. Take-Two said the deal will substantially increase its mobile net bookings, deliver cost synergies, and combine Zynga's mobile and free-to-play expertise with Take-Two's portfolio and studios.

Electronic Arts Acquires Metalhead Software

May 5, 2021

Software

Electronic Arts (EA) has acquired Metalhead Software, the Victoria, British Columbia-based developer of the Super Mega Baseball franchise. The Metalhead team will continue operating from Victoria and will partner with EA SPORTS to grow the franchise and develop new sports gaming experiences; terms were not disclosed.

Cuadrilla Capital Acquires Gluware

January 8, 2025

Cloud & SaaS

Cuadrilla Capital, a Santa Barbara-based enterprise software private equity firm, has acquired Gluware, an intelligent network automation company headquartered in Sacramento, California. The growth investment will accelerate Gluware’s product roadmap, support global expansion into the Global 2000 market, and enable acquisition-led growth and customer success investments; terms were not disclosed.

Microsoft to Acquire Activision Blizzard for $68.7 Billion

January 18, 2022

Media & Entertainment

Microsoft Corporation announced plans to acquire Activision Blizzard, Inc. in an all-cash transaction valued at $68.7 billion (at $95.00 per share). The deal, which will bring Activision Blizzard’s franchises and nearly 10,000 employees into Microsoft Gaming, is intended to accelerate growth across mobile, PC, console and cloud gaming and bolster Microsoft’s Game Pass offering.

Atari SA Acquires Digital Eclipse

October 31, 2023

Media & Entertainment

Atari SA has entered into an agreement to acquire Digital Eclipse, an Emeryville, California-based game development studio specializing in the digital restoration and preservation of classic video games. The purchase consideration includes an initial $6.5 million (US$4.0 million cash and US$2.5 million in newly issued Atari shares) plus an earn-out of up to $13.5 million payable over ten years; Digital Eclipse shareholders will hold approximately 4.6% of Atari following a reserved capital increase. The acquisition is intended to expand Atari's internal development capabilities and advance its retro-focused growth strategy.