Embracer CEO Who Oversaw High-Profile Acquisitions, Studio Closures, and Thousands of Layoffs to Step Down Later This Year
Lars Wingefors, founder of Swedish gaming company Embracer, is stepping down from his CEO role. Current deputy CEO Phil Rogers will assume the position from August 2025.
List of PlayStation Acquisitions and Canceled Games Paints a Grim Picture
Following last week’s developments, fans have been compiling a list of recent PlayStation acquisitions and canceled games, which paints a pretty grim picture of Sony’s internal studios and lineup. Much…
Microsoft Could Have Shuttered Xbox Prior To Major Acquisitions – Report
Microsoft reportedly considered completely shutting down Xbox in 2021, prior to its acquisition of ZeniMax and Activision Blizzard.According to The Information, Microsoft CEO Satya Nadella reportedly had the choice in…
Despite Buying Activision Blizzard for $69 Billion Just Last Year, Microsoft Is Still Looking at Even More Video Game Acquisitions
Microsoft is still in the market for acquisitions despite having splashed out $69 billion for Call of Duty maker Activision Blizzard just last year.
PlayStation Acquisitions Brought Diversity to Studios, Says Sony
Sony has said that diversity in people and businesses through mergers and acquisitions (M&A) has been its strength, highlighting numerous M&As across its entertainment division, including PlayStation Studios. In yesterday’s…
PlayStation Acquisitions Will Be More Measured Going Forward
Sony Group has said that its investment activity — which includes PlayStation acquisitions — will be more measured going forward. In an earnings call yesterday, CFO Hiroki Totoki revealed that…
New State Of The Industry Report Provides Developer Thoughts On Layoffs, Acquisitions, A.I., And More
Last year was a fantastic year for games, with standout triple-A releases like Baldur's Gate 3, The Legend of Zelda: Tears of the Kingdom, Marvel's Spider-Man 2, and great independent…
The Axe Drops on Gaming’s Acquisitions Gold Rush
Amid what should be an amazing year for games has come at a time of unprecedented layoffs across the video game industry. One culprit is a trend that crept up…
Gaming Acquisitions to Increase in 2024, Sony Expected to Be an Active Buyer
Leading tech M&A investment bank Drake Star has said that it expects an uptick in gaming acquisitions, including PlayStation acquisitions, based on conversations it has had with “many of the…
PlayStation Hiring Acquisitions Manager, Leaving Fans Abuzz
Sony is hiring a manager to lead PlayStation acquisitions, and the job ad has generated quite the buzz among fans. The otherwise mundane ad seeks candidates for the position of…