Saturday, February 22, 2020

Swedish game developer Embracer to buy US-based Saber Interactive, maker of the game World War Z, for up to $525M in cash and stock, most of which is deferred (Johannes Hellstrom/Reuters)

Johannes Hellstrom / Reuters:
Swedish game developer Embracer to buy US-based Saber Interactive, maker of the game World War Z, for up to $525M in cash and stock, most of which is deferred  —  STOCKHOLM (Reuters) - Swedish video game group Embracer is buying U.S. game developer Saber Interactive for up to $525 million, the Swedish company said on Wednesday.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...