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InvestGame: 2020 game deals hit value of $33.6 billion across 664 transactions

  • Posted byby Dean Takahashi
  • Updated
  • 6 min

The pandemic boosted game deal-making, with 2020 deals hitting $33.6 billion in value across 665 transactions. This is according to an analysis by InvestGame, which studies market transactions in the game industry.

The numbers show what happens when a perfect storm comes along. The pandemic is hurting many industries, but it’s boosting gaming, as people turn to digital entertainment. It’s helped distract them from a horrible reality and socialize at a distance. And this is putting the entire gaming ecosystem in motion for growth.

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Written by

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.