Acies Acquisition Corp Completes Business Combination with PLAYSTUDIOS

PLAYSTUDIOS Acquires Mobile Game Studio Brainium

October 13, 2022

Media & Entertainment

PLAYSTUDIOS, Inc. (NASDAQ: MYPS) acquired Portland-based mobile casual game developer Brainium for $70 million in upfront cash plus contingent consideration. The deal more than doubles PLAYSTUDIOS' average daily active users, expands its casual game portfolio (Solitaire, Sudoku, Mahjong, etc.), and diversifies revenue by adding advertising-driven titles to its playAWARDS loyalty platform.

SciPlay Acquires 80% Stake in Alictus

March 1, 2022

Software

SciPlay Corporation has acquired an 80% stake in Ankara-based mobile game developer Alictus for $100 million in cash, with an agreement to purchase the remaining 20% over five years for up to an additional $200 million contingent on performance. The deal expands SciPlay's presence in the hyper-casual mobile market, adds a Turkey-based studio and in-app advertising capabilities, and is expected to increase SciPlay's DAUs by ~1.8 million and MAUs by ~28 million.

Brightstar Capital Partners Acquires PlayAGS (AGS) for Approximately $1.1 Billion

August 6, 2024

Media & Entertainment

Affiliates of Brightstar Capital Partners signed a definitive agreement to acquire PlayAGS, Inc. (NYSE: AGS) for $12.50 per share, valuing the transaction at approximately $1.1 billion. The transaction, approved by AGS stockholders and completed June 30, 2025, takes AGS private and is intended to support targeted investments in R&D, operations, and global expansion.

Project Worldwide Acquires OS Studios

March 19, 2021

Marketing & Advertising

Project Worldwide, an independent, employee-owned network of creative agencies, has acquired OS Studios, a New York–based creative and production agency focused on gaming and esports. The acquisition brings OS Studios’ live and remote broadcast production and content capabilities into Project’s portfolio to expand the network’s esports and gaming services for publishers, leagues, teams and brands.

Sony Interactive Entertainment Acquires Nixxes Software

July 1, 2021

Software

Sony Interactive Entertainment (SIE) has completed the acquisition of Utrecht-based Nixxes Software B.V., a Dutch game development studio known for technical expertise in porting and optimization. Nixxes will join PlayStation Studios Technology, Creative & Services Group to provide in-house development and technical capabilities to support PlayStation Studios' exclusive titles; terms were not disclosed.

DoubleU Games Acquires Majority Stake in Paxie Games

March 25, 2025

Media & Entertainment

DoubleU Games acquired a 60% controlling stake in Turkey-based Paxie Games on March 26, 2025, with an upfront payment of $29.9 million and the remaining ownership to be earned via a three-year earnout. The deal gives DoubleU Games access to Paxie’s successful casual mobile title Merge Studio: Fashion Makeover (28M+ downloads, $34M+ cumulative revenue) to accelerate global growth and capability expansion in casual mobile gaming.