Bethesda is now officially part of Xbox

Posted on 09/03/2021 by Engadget

Only a few days after gaining approval from regulators in the US and European Union, Microsoft and ZeniMax Media have made it official. The parent company of Bethesda Softworks is now part of Xbox following the completion of a $7.5 billion deal. The...

Dish is buying Republic Wireless and its 200,000 subscribers

Posted on 08/03/2021 by Engadget

Dish plans to add yet another mobile virtual network operator (MVNO) to its wireless business. On Monday, the company announced that it has an agreement in place to buy Republic Wireless. With the deal, which should close before the end of first half...

Microsoft’s $7.5 billion ZeniMax acquisition approved by US and EU regulators

Posted on 08/03/2021 by Engadget

Microsoft's $7.5 billion acquisition of Bethesda parent ZeniMax Media has cleared its regulatory hurdles. On Friday, the European Commission (EC) quietly approved the deal without applying any conditions to the merger. It concluded that the pendi...

Porsche now owns almost a quarter of EV car maker Rimac

Posted on 08/03/2021 by Engadget

Porsche has invested an additional €70 million ($83.3 million) in Rimac, boosting its stake in the hypercar manufacturer and EV component supplier from 15 to 24 percent, Rimac has announced. Porsche joins Hyundai as a major investor in Rimac, after t...

Square is buying a majority stake in Tidal

Posted on 04/03/2021 by Engadget

The rumors of Square buying Tidal proved true. Square has bought a majority stake in Tidal for the equivalent of $297 million in cash and stock. Jack Dorsey, Square's CEO (and Twitter's, for that matter), explained the deal as a bid to find...

HP is buying HyperX to boost its gaming accessory business

Posted on 24/02/2021 by Engadget

HP hasn't made a gaming-focused acquisition since Voodoo, but it's clearly ready to branch out. The company has reached a deal to buy Kingston-owned HyperX for $425 million. The move ideally boosts HP's PC division by giving it a wide sel...

EA now owns Codemasters and its many, many racing games

Posted on 18/02/2021 by Engadget

It's official: EA now has a much larger stake in the racing game world. The publisher has completed its $1.2 billion acquisition of Codemasters soon after shareholders approved the deal and just a few months after Take-Two's failed attempt. T...

EA is purchasing Glu Mobile for $2.4 billion

Posted on 09/02/2021 by Engadget

Electronic Arts is acquiring the mobile game developer behind Kim Kardashian: Hollywood. The video game company has announced that it’s purchasing Glu Mobile in a $2.4 billion all-cash deal that the companies are expecting to close in the quarter end...

‘Borderlands’ developer Gearbox is merging with publishing giant Embracer

Posted on 03/02/2021 by Engadget

Some of the larger independents in the video game world now have a shared home. Embracer Group (aka THQ Nordic) is merging with Gearbox Software, turning the Borderlands studio into a seventh operating group that will serve as a wholly-owned subsidia...

Google now owns Fitbit

Posted on 14/01/2021 by Engadget

Google has completed its $2.1 billion purchase of Fitbit, more than a year after the deal was first announced. The EU approved the acquisition in late December, clearing the way towards Google’s ownership over what is perhaps the best-known brand out...

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Tag Archives: Acquisition

Bethesda is now officially part of Xbox

Dish is buying Republic Wireless and its 200,000 subscribers

Microsoft’s $7.5 billion ZeniMax acquisition approved by US and EU regulators

Porsche now owns almost a quarter of EV car maker Rimac

Square is buying a majority stake in Tidal

HP is buying HyperX to boost its gaming accessory business

EA now owns Codemasters and its many, many racing games

EA is purchasing Glu Mobile for $2.4 billion

‘Borderlands’ developer Gearbox is merging with publishing giant Embracer

Google now owns Fitbit