Netflix to Acquire Next Games for ~€65 Million

Netflix to Acquire Warner Bros. (Studio and Streaming Businesses) in $82.7B Deal

December 5, 2025

Media & Entertainment

Netflix announced plans to acquire Warner Bros. in a transformative $82.7 billion enterprise value deal ($72 billion equity value). The transaction follows Warner Bros. Discovery’s separation of its Global Networks division (“Discovery Global”), which is expected to be completed in Q3 2026, and Netflix’s acquisition is expected to close 12–18 months after that separation and required regulatory approvals.

Take-Two Interactive Acquires Zynga

May 23, 2022

Cloud & SaaS

Take-Two Interactive Software agreed to acquire all outstanding shares of Zynga for an enterprise value of approximately $12.7 billion, valuing Zynga at $9.861 per share. The deal combined Take-Two’s console/PC portfolio with Zynga’s market-leading mobile franchises and Chartboost platform, with expected annual cost synergies.

Scopely to Acquire Niantic’s Games Business (Pokémon GO, Pikmin Bloom, Monster Hunter Now) in $3.5B Deal

May 29, 2025

Media & Entertainment

Scopely signed an agreement to acquire Niantic’s games business in a deal valued at $3.5 billion. The transaction will bring Niantic’s full game development teams and live games/apps—including Pokémon GO, Pikmin Bloom, Monster Hunter Now, and companion services Campfire and Wayfarer—into the Scopely portfolio. The deal is subject to customary closing conditions and regulatory approvals, and Scopely says it has since closed the acquisition on May 29, 2025.

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.

Ziff Davis / IGN Entertainment Acquires Gamer Network

July 2, 2024

Media & Entertainment

Ziff Davis, through its IGN Entertainment division, acquired Gamer Network, a U.K.-based portfolio of gaming and entertainment publications including Eurogamer, GamesIndustry.biz, VG247 and Rock Paper Shotgun. The purchase (terms not disclosed) expands Ziff Davis/IGN's global audience, product lineup and presence in the U.K. gaming media market; the assets were acquired from ReedPop.

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.