Drakestar Partners
Playtika made headlines in September with its $1.95bn acquisition of Dice Dreams creator SuperPlay. CFO Craig Abrahams emphasized the importance of M&A as a growth driver for the company, a sentiment echoed by many players in the industry.
The gaming industry saw a peak in M&A activity in 2022, with volume hitting $102bn. However, since then, there has been a significant decline in both volume and average deal size.
Despite facing challenges such as layoffs and restructuring, the gaming sector continues to evolve with new trends emerging. Social platforms like Roblox
In addition to socialization, these platforms also present monetization opportunities for gaming studios struggling to adapt to changing consumer behaviors post-COVID lockdowns.
Esports is also undergoing changes, making it an attractive target for acquisitions due to lower costs and potential long-term growth prospects.
The rise of generative AI technology is opening up new possibilities for small-cap companies working on
2024-12-23 05:15:02
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