KRAFTON Acquires Eleventh Hour Games (Last Epoch)

Krafton Acquires Eleventh Hour Games

July 25, 2025

Media & Entertainment

Krafton has completed a 100% buyout of Eleventh Hour Games for $96 million. Eleventh Hour Games is the developer of the ARPG Last Epoch (reported ~3 million copies sold) and will become part of Krafton's portfolio to support future growth of the franchise.

East11 Ventures Acquires Kronologic

August 7, 2024

AI & Machine Learning

East11 Ventures, the private equity arm of Austin-based East11 Ventures, has acquired Kronologic, an Austin-headquartered provider of AI-driven schedule orchestration for B2B sales teams. The acquisition will keep Kronologic headquartered in Austin and aims to accelerate product development and company growth through East11’s capital and operational support.

Daybreak Games Acquires Cold Iron Studios

August 11, 2020

Media & Entertainment

Daybreak Games has acquired Cold Iron Studios, the San Jose-based developer working on a PC and console game set in the Alien universe. Cold Iron will operate independently under co-founder Craig Zinkievich and receive publishing, marketing, tech and operational support from Daybreak; terms were not disclosed.

Microsoft to Acquire ZeniMax Media (Bethesda Softworks)

September 21, 2020

Media & Entertainment

Microsoft announced plans to acquire ZeniMax Media, the parent company of Bethesda Softworks, for $7.5 billion in cash. The deal brings an extensive portfolio of game franchises and multiple development studios (over 2,300 employees across the group) into Microsoft’s Xbox business and will add Bethesda’s future games to Xbox Game Pass.

Fiveable Acquires Hours (virtual studying platform)

May 10, 2021

Education

Fiveable has acquired Hours, a virtual studying platform founded by 16-year-old Calix Huang, to integrate single- and multiplayer study rooms into Fiveable's social learning community. As part of the deal, Huang will join Fiveable as Lead Product Manager to help scale Hours' study-room features to Fiveable's existing student base.

Hasbro Acquires D&D Beyond from Fandom

May 19, 2022

Media & Entertainment

Hasbro has completed its acquisition of D&D Beyond from Fandom, bringing the leading digital RPG toolset into Hasbro's Wizards of the Coast portfolio. The deal is intended to accelerate Hasbro/Wizards of the Coast's direct-to-fan and digital capabilities to deepen player engagement across Dungeons & Dragons' physical and digital offerings.