Big game deals in Q2 2020.

Game investments in Q2 2020: Fewer deals, but bigger value at $7.8 billion

The number of game investments and acquisitions in the second quarter of 2020 declined from the first quarter, but the value of the deals was higher, according to data collected by game investment specialist Sergei Evdokimov.

These figures indicate the game market is continuing to experience vibrant growth through investor deals, as the world realizes how resilient video games have been during the pandemic and deal-makers adapt to working remotely. Deal activity was roughly steady, with over 100 deals tracked (102 vs. 110 in Q1). But at $7.8 billion, the total value was 3.1 times higher in Q2 than Q1. Even more impressive, the deals happened in a quarter marked by huge layoffs and shakiness across venture capital investments.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.