Reuters news agency has compiled a list of gaming deals.
Xbox maker Microsoft would buy Call of Duty videogame maker Activision Blizzard for $68.7 billion in cash, the largest deal in the sector.
The videogame industry received a massive fillip from the COVID-19 pandemic as people increasingly turned to digital entertainment during lockdowns, and firms in the sector consolidated to boost their library of popular titles.
The global games market in 2021 generated total revenues of $180.3 billion and it is expected to generate revenues of $218.8 billion by 2024, according to data analytics firm Newzoo.
Videogame companies have also sharpened their focus on mobile games as restrictions ease and people ditch their PCs and TV screens to step outside. The mobile gaming market is likely to reach a size of $116.4 billion by 2024, according to Newzoo.
Here is a list of the biggest videogame deals in the past few years:
|Acquirer||Target||Deal Value||Popular Games|
|Jan. 2022||Microsoft||Activision Blizzard||$68.7 bn||Call of Duty, Candy Crush Saga|
|Jan. 2022||Take-Two Interactive||Zynga||$11.04 bn||FarmVille|
|June 2016||Tencent Holdings-led investor group||Supercell Oy||$8.6 bn||Clash of Clans, Brawl Stars|
|Sept. 2020||Microsoft||Zenimax||$7.5 bn||The Elder Scrolls|
|Nov. 2015||Activision Blizzard||King||$5.9 bn||Candy Crush Saga|
|July 2016||Chinese investor group||Playtika||$4.4 bn||Best Fiends, Bingo blitz|
|Sept. 2014||Microsoft||Mojang Studios||$2.5 bn||Minecraft|
|Feb. 2021||Electronic Arts||Glu Mobile||$2.4 bn||Kim Kardashian: Hollywood|
|June 2021||Electronic Arts||Playdemic||$1.4 bn||Golf Clash|
Source: Refinitiv, an LSEG Business