acquisitions

Other “Major Players” Besides Sony Were Also Interested in Acquiring Housemarque

Source Node: https://gamingbolt.com/other-major-players-besides-sony-were-also-interested-in-acquiring-housemarque

Time Stamp: July 5, 2021 3:09 AM - Modified On: October 29, 2021 - Published By:

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Sony recently announced the acquisition of Finnish studio Housemarque, and of course, with games such as Returnal, Nex Machina, Resogun, and more, the developer has long been a partner of PlayStation. The acquisition definitely made sense, and that long partnership definitely was a factor in why PlayStation chose to go ahead with the deal– but as you’d expect, they weren’t the only ones who were interested in picking up the studio. In an interview with Yle, Housemarque CEO Ilari Kuittinen said that other “major players” were also interested in acquiring the studio.

Studio Acquisitions Are “a Natural and Healthy Part of Our Industry” – Phil Spencer

Source Node: https://gamingbolt.com/studio-acquisitions-are-a-natural-and-healthy-part-of-our-industry-phil-spencer

Time Stamp: June 30, 2021 10:05 AM - Modified On: October 29, 2021 - Published By:

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Republished By Plato

Acquisitions of developers (and at times even publishers) have been part of the games industry for a long time, as is the case in any other industry of course, but the last few years in particular have seen a flurry of activity on that front. Sony recently confirmed the purchase of Housemarque (and may have leaked an imminent Bluepoint Games acquisition), EA has acquired Codemasters, Embracer Group’s spending spree is refusing to end, and of course, Microsoft has picked up a large number of companies as well, most notably with

Dream Games raises $155M at a $1B valuation as its Royal Match puzzle game hits a royal flush

Source Node: https://techcrunch.com/2021/06/30/dream-games-raises-155m-at-a-1b-valuation-as-its-royal-match-puzzle-game-hits-a-royal-flush/

Time Stamp: June 30, 2021 7:00 AM - Modified On: June 30, 2021 - Published By:

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Republished By Plato

Istanbul in Turkey continues to prove itself as very fertile ground for casual gaming startups, which appear to be growing from small seedlings into sizable trees. In the latest development, Dream Games — a developer of mobile puzzle games — has raised $155 million in funding, a Series B that values the startup at $1 billion. This is a massive leap for the company, which raised $50 million (the largest Series A in Turkey’s startup history) only 3.5 months ago. This latest round is being co-led by Index Ventures and

Sony Acquires Studios Behind Returnal, Demon’s Souls Remake

Source Node: https://www.dbltap.com/posts/sony-acquires-studios-behind-returnal-demon-s-souls-remake-01f9ct4z6w35?utm_source=RSS

Time Stamp: June 29, 2021 5:32 PM - Modified On: June 29, 2021 - Published By:

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Republished By Plato

Top GamesSony and Housemarque have worked together for years. / Photo courtesy of SonySony has acquired Housemarque, the development studio behind PlayStation 5 launch title Returnal, the company announced Tuesday. As if that weren't enough, a leak from PlayStation Japan suggests the company has also acquired Bluepoint Games, the studio responsible for the Demon's Souls remake on PlayStation 5.In Housemarque, Sony adds a longstanding collaborator to its stable of first-party studios. The studio has made games for Sony consoles since Super Stardust HD on the PlayStation 3, and Sony Interactive

Sony acquires Returnal studio Housemarque, potential Bluepoint Studios acquisition leaked

Source Node: https://dotesports.com/news/sony-acquires-returnal-studio-housemarque-potential-bluepoint-studios-acquisition-leaked

Time Stamp: June 29, 2021 1:41 PM - Modified On: June 29, 2021 - Published By:

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Republished By Plato

Sony Interactive Entertainment has added another studio to the PlayStation family, announcing the acquisition of Returnal developer Housemarque earlier today. No specifics about the deal itself were shared, but Housemarque is now a first-party Sony team within SIE Worldwide Studios after being independent since its initial founding in 1996. Despite being independent, Housemarque has worked closely with Sony since the release of Super Stardust HD, an enhanced version of one of the company’s earliest shoot ’em ups, which was published by Sony on the PlayStation 3. In 2017, the company

“We’re Very Selective About The Developers We Bring In” – Sony On Housemarque Acquisition

Source Node: https://gamingbolt.com/were-very-selective-about-the-developers-we-bring-in-sony-on-housemarque-acquisition

Time Stamp: June 29, 2021 12:30 PM - Modified On: October 29, 2021 - Published By:

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Republished By Plato

Sony recently acquired Returnal developer Housemarque for an undisclosed amount. In an interview with the GQ Magazine, head of PlayStation Studios Hermen Hulst revealed some interesting insights relating to Sony’s approach to acquiring new developers and bringing them into their first party portfolio. When confronted with a question regarding the recent uptick in the number of acquisitions across industry giants, such as Microsoft, Hulst said that Sony is very selective about the developers they bring in. “We’re very selective about the developers that we bring in,” Hulst said. “Our last

Starfunding: 10 European startups funded by celebrities

Source Node: https://www.eu-startups.com/2021/06/starfunding-10-european-startups-funded-by-celebrity-stars/

Time Stamp: June 28, 2021 6:05 AM - Modified On: June 28, 2021 - Published By:

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Republished By Plato

Bono. Ashton Kutcher. Leonardo di Caprio. Madonna. Snoop Dog. What do they have in common aside from being mega-celebrities and Hollywood A-listers? These celebrities are also investors in startups, and not only that, but they also invested in startups that made it big! Bono is noted for being an early investor in Facebook while Kutcher did the same for Skype. Di Caprio invested and helped out in the marketing and brand positioning of now-defunct Mobli, a startup from Tel Aviv which was dubbed as Instagram’s challenger, while Madonna made an

Electronic Arts buys mobile game studio Playdemic for $1.4 billion

Source Node: https://techcrunch.com/2021/06/23/electronic-arts-buys-mobile-game-studio-playdemic-for-1-4-billion/

Time Stamp: June 23, 2021 12:29 PM - Modified On: June 23, 2021 - Published By:

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Republished By Plato

Video game giant Electronic Arts is continuing to make M&A moves as it looks to bulk up its presence in the mobile gaming world. Fresh off the $2.4 billion acquisition of Glu Mobile this past April, their biggest purchase to date, Electronic Arts announced Wednesday that they are buying Warner Bros. Games’ mobile gaming studio Playdemic for $1.4 billion in an all-cash deal. The Manchester studio is best known for its release “Golf Clash” which the studio boasts has more than 80 million downloads globally. The rather ominously-named startup is

Halo Infinite Will Not Have Loot Boxes

Source Node: https://gameranx.com/updates/id/235335/article/halo-infinite-will-not-have-loot-boxes/?utm_source=rss&utm_medium=rss&utm_campaign=halo-infinite-will-not-have-loot-boxes

Time Stamp: June 14, 2021 8:44 PM - Modified On: October 29, 2021 - Published By:

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Republished By Plato

[embedded content] When it comes to Microsoft, one of their biggest exclusives that they owned before all the acquisitions they have recently acquired was Halo. This series first got started with Bungie and while the original development studio has gone on to work on their next big IP, Destiny, Halo was given control to 343 Industries. We’re all waiting for Halo Infinite and fortunately, we got some news regarding the game during this year’s E3 2021 streams. Microsoft had featured Halo Infinite during their media stream conference which highlighted the

Facebook buys game studio BigBox VR

Source Node: https://techcrunch.com/2021/06/11/facebook-buys-game-studio-bigbox-vr/

Time Stamp: June 11, 2021 4:41 PM - Modified On: June 11, 2021 - Published By:

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Facebook has bought several virtual reality game studios over the past couple of years, and they added one more to their portfolio Friday with the acquisition of Seattle-based BigBox VR. The studio’s major title, “Population: One,” was one of the big post-launch releases for Facebook’s Oculus Quest 2 headset and is a pretty direct Fortnite clone, copying a number of key gameplay techniques while adapting them for the movements unique to virtual reality and bringing in their own lore and art style. As has been the case for most of

acquisitions

Studio Acquisitions Are “a Natural and Healthy Part of Our Industry” – Phil Spencer

Dream Games raises $155M at a $1B valuation as its Royal Match puzzle game hits a royal flush

Sony acquires Returnal studio Housemarque, potential Bluepoint Studios acquisition leaked

Electronic Arts buys mobile game studio Playdemic for $1.4 billion

Halo Infinite Will Not Have Loot Boxes

Facebook buys game studio BigBox VR

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