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, Silicon Valley-based augmented reality game developer Illumix was acquired by Californian social media and camera technology platform Snapchat to bring AR gaming expertise into Snapchat’s camera ecosystem and support more immersive interactive experiences. 

In Australia, indie game developer Hipster Whale was snapped up for $29.3M at 3.5 times revenue by French interactive entertainment and video game publisher Atari to add proven casual gaming IP to Atari’s portfolio and strengthen its reach in mobile and accessible gaming. 

Meanwhile, US-based game testing and certification provider Gaming Laboratories International was purchased by global private equity investor CVC Capital Partners to support further international expansion and scale its compliance, testing, and certification services across regulated gaming markets. 

In April, the Canadian game development studio AMPERA [Ampera] was acquired by the Singapore-based art outsourcing and game development company Winking Studios to support its expansion across North American and European markets while enhancing its ability to attract industry talent and strengthen its partnership with publishers.