Game M&A hit $11.8B in 2023, lowest since 2019 | Quantum Tech Partners

Game industry mergers and acquisitions hit $11.8 billion in 2023, the lowest level since 2019, according to M&A advisory firm Quantum Tech Partners.

That was down from $106.4 billion in 2022, which was a record year thanks to Microsoft’s acquisition of Activision Blizzard, Take-Two’s purchase of Zynga, Unity’s purchase of IronSource, and Sony’s purchase of Bungie.