It looks like acquisitions of game companies are on the rise in a huge way, especially when it comes to Asian companies moving in.
According to a quarterly report from investment bank Digi-Capital, acquirers managed to spend more than $3.3 billion through the end of the third quarter for 2013, with a number of deals going into the works for most of the year. The M&A value has managed to rise as a result, though only one percent.
Deals in general have grown even bigger in size, approximately 12 percent to $45.8 million. Out of these, Chinese, Japanese or South Korean buyers launched most of the deals. Asian game companies play a big part in digital game markets as well, with high revenue growth in various domestic markets.
Investment as a whole grew significantly, to about $876 million through Q3 2013, up 35 percent from the previous year.
“If this trend continues through Q4, we could be looking at another record year for M & A in games,” said Tim Merel, managing director for Digi-Capital. “Deep Asian relationships are now critical for investors in games companies considering exits.”
Could we be seeing a pick-up in the game market, especially with new systems and developers on the rise? Possibly.
Source: Venturebeat
