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VentureBeat: 2012 Banner Year for Game Acquisitions


VentureBeat’s Dean Takahashi published a lengthy article highlighting the game company acquisitions of 2012, a year that saw acquisitions rise 23 percent to more than $3.477 billion spent on game companies, compared to $2.827 billion a year earlier, but a decline in the number of deals and investments.  The take-away from the article:  “During 2012, gaming continued its worldwide expansion toward billions of gamers as new platforms such as tablets and smartphones took off. But that growth was tempered against financial hardships such as the decline of Zynga’s social gaming revenues. That led to a collapse in Zynga’s stock price that deflated the social gaming bubble and hurt valuations. Those countervailing forces affected the year in game acquisitions and investments.” Read more.