The 10 most expensive video game acquisitions of all-time
gamesradar.comGaming is a multi-billion dollar industry, so it makes sense that the most expensive video game acquisitions keep one-upping each other. Mergers and acquisitions are a key way that companies and studios grow not only their profit margins, but their player reach as well. More players means more money, which in turn ups the value of a company when selling itself off to another.
One of the most prolific acquisitions today is Microsoft's bid to buy Call of Duty publisher Activision Blizzard, a move that has attracted scrutiny from regulatory bodies as they seek to block the Xbox Series X parent company. While there are certain Activision Blizzard franchises we want to see reborn at Xbox, let's not get ahead of ourselves. Here's a look at 10 of the most expensive video game acquisitions in the gaming biz, how they transpired, and what the companies look like today.
Year of acquisition: 2014Price: $2 billion
You might know the company now as Meta Platforms, but in the same year that Facebook acquired instant messaging service WhatsApp, they also bought Oculus VR. The Oculus gaming device was later rebranded, with the Meta Quest 2 still going strong today. Meta is committed to the concept of a metaverse, hence the very telling company name change, and harnessing VR technology is key to how they plan to actualize these concepts. With the newer rival PSVR 2 headset posing some fair competition, it's safe to say that VR isn't going anywhere just yet.
Year of acquisition: 2021Price: $2.4 billion
The Sims 4 publisher Electronic Arts purchased Glu Mobile, and with it brought the likes of MLB Tap Sports Baseball to the EA fold. Mobile gaming is one of the largest sectors in the industry, with China, India, and the USA accounting for
Read more on gamesradar.com
