A brand new report from Digital Development Management (DDM) details how video game investments during Q2 2022 reached a whopping $4.8 billion, representing an increase of 37% year-over-year at a volume of 217 deals.
Additionally, Blockchain gaming related investments totaled 25% of Q2 2022’s value at $1.2 billion.
Total M&A transactions reached $18.6 billion and saw a growth of 135% year-over-year for the quarter. The report went on to say that the increase in both mergers and in acquisitions took place in over 59 deals, with a big chunk, 2/3 to be exact, being attributed to Take-Two’s acquisition of Zynga for $12.7 billion. Mergers and acquisitions, per the report, amassed $26.5 billion and were down 7% when comparing to the same period last year.
Unity’s merger with IronSource, Embracer’s acquisition of Crystal Dynamics, Eidos Montreal, and Square Enix Montreal for $300 million were some examples of M&A deals that were highlighted in Q2.
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