Also, global, digital sports and gaming media network Legend was bought for $1.1B by US-based sports data and analytics provider Genius Sports to strengthen its data-driven ecosystem and expand its capabilities across betting, media, and fan engagement markets.
Looking at recent largest deals, China-based mobile game developer Moonton Technology was acquired by Savvy Games Group, a Saudi Arabia-based gaming investment group, for $6B to secure a leading global mobile gaming asset and accelerate its strategy of building a diversified international gaming portfolio.
Finally, game development and planning studio Lambda Planning was acquired by C-Garden, to enhance its development capabilities and support the expansion of its interactive entertainment portfolio across mobile and digital platforms.
Also, online casino and gaming platform operator Igloo Ventures was snapped by Gamdom, a global digital betting platform, to expand into community-driven and livestream-based gaming formats and strengthen its position within creator-led entertainment ecosystems.
Meanwhile, Germany-based mobile rewards gaming platform JustPlay was purchased for $204M at 1.7x times revenue by South Korea-based video game publisher NCSOFT to gain access to a performance-driven user acquisition model built around rewarded engagement, reducing reliance on traditional paid marketing channels.
In February, U.S.-based game backend platform Beamable was acquired by Skillz, a mobile gaming platform, to strengthen its developer ecosystem and support scalable live-service operations.