08.06.2020

Investment News – digest from June 1 to June 7

All the gaming deals for the past week in one material.

The material was prepared specifically for App2Top.ru Sergey Evdokimov, Investment Manager Mail.Ru Games Ventures and the author of the telegram channel Gaming – M&As and Investments.

Sergey Evdokimov

1. Zynga has officially launched a takeover deal for Peak Games

The American developer of mobile social games Zynga (Nasdaq:ZNGA) announced the launch of the acquisition of the Turkish developer of mobile casual games Peak Games for $ 1.8 billion. The company will pay half of the amount in cash, half in shares. The transaction will be completed in the third quarter of this year.

Peak Games’ estimate was based on the fact that the studio’s annual revenue is $600 million. A triple multiplier was added to this amount.

Toon Blast

2. Playtika will enter the stock exchange

Israeli developer and publisher of mobile games Playtika turned to investment banks to prepare for an initial public offering (IPO) in the United States. The company’s value may be about $10 billion. When exactly the company is going to enter the market, it is not reported.

Caesars Casino: Free Slots Games — one of the hits of Playtika

3. Unity is preparing for an IPO

The American company Unity Technologies is working with financial advisors to prepare for the release on the American stock exchange this year. No final decision has been made yet. In the case of an initial public offering, the company’s valuation may amount to more than $6 billion.

4. Rovio has taken up the purchase of assets

The Finnish Rovio acquired the Danish developer Darkfire Games (former Wargaming team), which develops mobile role-playing games. The acquired studio was named Rovio Copenhagen. Despite this, it is stated that it will continue to function as an independent business.

Darkfire Heroes — the main development of Rovio Copenhagen

5. Playrix has an asset in Croatia

Mobile game developer and publisher Playrix has acquired Cateia Game, one of the oldest Croatian game developers. The amount of the transaction is not called. Employees of the new asset are moving to the newly formed Playrix Croatia office in Zagreb.

The Man with the Ivory Cane — the latest development of Cateia Game

6. Giants Gaming has received an esports asset

Giants Gaming (known as Vodafone Giants) has acquired the Spanish esports organization x6tence. This happened after the company raised €3 million.

7. Humble will support black developers

Online video game digital distribution service Humble has announced the creation of a $1 million fund to support games from black developers.

8. Homa Games has taken up M&A

The French hyper-casual games studio Homa Games has acquired the French developer Team IRL. The procedure was not quite standard. The takeover was like hiring all the studio employees. Team IRL specialized in idler games.

Sky Roller is one of the hits of Homa Games

9. GamesChain received money for development

A Chinese developer of gaming software based on blockchain technology GamesChain has attracted investments. The amount is not called. Among the investors: Block Eco Fund, Oness Capital, Collinstar Capital, Coeus Lab and Bishijie.com .

10. LootLocker “raised” $250 thousand

Swedish gaming outsourcer LootLocker has raised $250,000 as part of a seed funding round. The money will be used for the further development of the technology of the same name, which allows you to integrate game achievements, leaderboards, loot boxes, clans, alerts, etc. into games “out of the box”. Among the investors are former tops of companies such as Avalanche Studios and EA DICE.


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