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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