MTG just bought Hutch for $375 million.
MTG just bought Hutch for $375 million.
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Why MTG has joined the game-studio acquisition whirlwind

  • Posted byby Dean Takahashi
  • Updated
  • 6 min

Modern Times Group joined the game-studio acquisition whirlwind last week with its (up to) $375 million purchase of mobile racing game maker Hutch.

The deal comes shortly after Electronic Arts agreed to buy racing game maker Codemasters Group for $1.2 billion, after Embracer Group acquired a dozen game studios, and after Microsoft agreed this summer to buy ZeniMax Media (Bethesda) for $7.5 billion.

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