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February 3, 2021
In light of Embracers acquisition of Borderlands creator Gearbox, just part of a multi-company purchase announcement, I thought Id look at an issue that I presume a lot of readers have been thinking about recently. Possibly while wearing money hats. Why are some companies in the game biz -- from Embracer Group to Keywords to EG7 and beyond -- going on studio buying sprees right now? (I did make a joke late last year after Embracer bought 12 game studios and a PR firm recently: Scoop: Embracer G...
January 26, 2021
3 UK shares I’d buy in a Stocks and Shares ISA in 2021 with £2k to invest Image source: Getty Images The uncertain economic outlook isn’t harming my plans to keep buying for my Stocks and Shares ISA. I think there are still plenty of UK shares that should deliver fat profits in 2021 regardless of the Covid-19 crisis. Here are three British stocks I’d happily add to my ISA today. I’d buy them for these nervy times, but hold them until the end of the decade. US$12.3 T...
December 18, 2020
Opinion: Game company acquisitions & the growth stock bubble by Simon Carless on 12/17/20 06:54:00 pm The following blog post, unless otherwise noted, was written by a member of Gamasutras community. The thoughts and opinions expressed are those of the writer and not Gamasutra or its parent company. [The GameDiscoverCo game discovery newsletter is written by ‘how people find your g...
December 17, 2020
Keywords acquires PR company Indigo Pearl and recording studio Jinglebell ); } The Indigo Pearl deal will cost Keywords up to £2 million ($2.72 million), with the company paying an initial £1.1 million ($1.5 million) in cash and £500,000 ($680,000) in newly issued ordinary shares for the London-based outfit. A deferred consideration of £400,000 ($540,000) will also be handed over in three year ears if certain conditions are met. As for Jinglebell, the Italian recording s...
December 17, 2020
Keywords acquires Indigo Pearl and Jinglebell, strengthening its Marketing and Audio services Keywords Studios today announces the acquisitions of UK-based Indigo Pearl and Jinglebell Communications, located in Italy. Led by Caroline Miller and founded in 2000, Indigo Pearl is a full-service PR agency specialising in the video games sector. Based in London, Indigo Pearls team of ten professionals delivers traditional as well as social media and influencer-driven campaigns. The company also prov...
December 17, 2020
Keywords Studios adds two more companies to its 2020 acquisitions Image: © Proxima Studio/Stock.adobe.com The Dublin-headquartered gaming company has added Indigo Pearl and Jinglebell Communications to its long list of 2020 acquisitions. Only two days after it announced it would acquire High Voltage Software, Keywords Studios has snapped up another two companies. The Dublin-headquartered gaming company has acquired London-based PR agency Indigo Pearl and Italian recording studio Jinglebell Com...
December 15, 2020
Game services provider Keywords Studios has added yet another company to its roster of studios, with the acquisition of High Voltage Software for a total consideration of up to $50 million. The terms of the acquisition will see Keywords Studios pay an initial consideration of $23.75 million in cash and the equivalent of $9.75 million in new ordinary shares, plus a deferred consideration of up to $16.5 million if performance targets are met by 31 December 2021. American game development services...
December 15, 2020
Keywords acquires High Voltage Software for $50 million The deal will see Keywords hand over an initial $23.75 million in cash, and $9.75 million worth of newly issued ordinary shares. A deferred payment of $16.5 million will also be paid out if certain performance targets and other conditions are met before December 31, 2021. High Voltage has studios in Illinois and Louisiana, and has worked on over 100 games in its 27-year history including titles like Injustice: Gods Amon...
December 15, 2020
Keywords Studios adds High Voltage Software to its list of 2020 acquisitions Gamer playing Fortnite, which both Keywords Studios and High Voltage Software have worked on. Image: © seanlockephotography/Stock.adobe.com Dublin-headquartered Keywords Studios ends the year with yet another acquisition to expand its video game development services. Keywords Studios has announced that it will acquire the entire issued share capital of High Voltage Software for a total consideration of up to $50m. Hig...