Published: March 20, 2021, 9:01 p.m.
Activision is posting record quarters. Its CEO has been awarded approximately $200 million in bonuses. The company just laid off at least 50 people in the middle of a pandemic. Also: EA’s FIFA Ultimate Team problem, Riot’s CEO cleared of harassment allegations, a ton of M&A news, and more.
TIME STAMPS
- [00:01:52] - Microsoft and Bethesda close $7.5B deal with comments on the future
- [00:11:50] - Sony becomes co-owner of EVO fighting game competition
- [00:15:29] - 2K Games acquires PGA dev HB Studios, signs deal with Tiger Woods
- [00:16:10] - Epic acquires Capturing Reality
- [00:16:42] - Zombies, Run dev Six to Start acquired by OliveX
- [00:17:21] - Super League Gaming to acquire Mobcrush
- [00:19:55] - Keywords Studios purchases majority stake in Tantalus Media
- [00:20:34] - THQ Nordic incorporates new studio for Gothic Remake
- [00:22:13] - Embracer Group stuffs war chest for acquisitions
- [00:22:57] - Jade Raymond’s new studio with backing from Sony
- [00:24:00] - Omeda gets investment to reboot Epic’s Paragon
- [00:26:05] - TinyBuild goes public
- [00:26:22] - Rogue raises Series A funding
- [00:26:45] - Overwolf raises Series C funding
- [00:27:57] - My.Games invests in Espresso Publishing
- [00:28:15] - Ubitus gets investments from big industry players
- [00:28:47] - Incredibuild raises $140 million from a single investor
- [00:29:54] - Roblox finally goes public
- [00:30:29] - Quick Hits
- [00:51:45] - Activision Blizzard lays off during a pandemic amid record earnings
- [01:05:32] - Riot clears CEO of harassment allegations
- [01:10:06] - Loot Boxes under fire as Germany cracks down and EA staff go rogue
SOURCES
Merger, Acquisition, and Investment Stories
General News Stories