DoubleU Games Acquires Majority Stake in Paxie Games

Acies Acquisition Corp Completes Business Combination with PLAYSTUDIOS

June 21, 2021

Media & Entertainment

Acies Acquisition Corp. completed a business combination with PLAYSTUDIOS, resulting in the combined company changing its name to PLAYSTUDIOS, Inc. and beginning to trade on Nasdaq under the ticker MYPS. The transaction provides PLAYSTUDIOS with approximately $220 million in cash to accelerate product development and pursue acquisitions while scaling its playAWARDS loyalty platform.

Take-Two Interactive Acquires Playdots

August 18, 2020

Software

Take-Two Interactive has entered into a definitive agreement to acquire mobile games developer Playdots for $192 million, comprised of $90 million in cash and the remainder in newly issued Take-Two common stock. Playdots, a New York City–based studio known for Two Dots and other casual free-to-play titles, will remain led by CEO Nir Efrat and its ~70 employees following the closing, expected in Q3 2020.

Arcade Acquires Upduo

August 19, 2025

Cloud & SaaS

Arcade, a Dallas/Plano-based sales gamification SaaS provider, has acquired Upduo, an AI-driven coaching startup for retail sales. The acquisition powers the launch of the integrated product "Arcade AI Sales Leader," combining Arcade's engagement and gamification capabilities with Upduo's AI coaching to scale manager coaching and improve in-store performance.

Savvy Games Group Acquires Scopely for $4.9 Billion

April 6, 2023

Media & Entertainment

Savvy Games Group, a Saudi Arabia–based games and esports company owned by the Public Investment Fund (PIF), has agreed to acquire mobile games developer and publisher Scopely for $4.9 billion. The acquisition will add Scopely’s development capabilities, publishing infrastructure and live-services expertise to Savvy’s portfolio to accelerate growth and expand its global games footprint; the deal is subject to regulatory approval.

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.

Electronic Arts Acquires Glu Mobile

February 8, 2021

Software

Electronic Arts Inc. agreed to acquire Glu Mobile Inc. in a cash transaction valuing Glu at $2.1 billion enterprise value (approximately $12.50 per share, $2.4 billion equity value). The acquisition is intended to accelerate EA's mobile business by adding Glu's portfolio of live-service mobile games, talent and recurring-revenue franchises and is expected to be immediately accretive to EA's net bookings.