5 Acquisitions in the Digital Entertainment industry - Flippa
Company acquisitions in the Digital Entertainment industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 5 acquisitions that took place in the Digital Entertainment industry.
123.TV acquired by iMedia Brands
Details about the transaction:
Acquisition amount: $95,000,000
Announcement: 22 September 2021
Details about the company:
123TV coordinates cross-media consumer product auctions across television and the internet.
Headquarter:
Where to find them: Website
Industry: Auctions, Digital Entertainment, E-Commerce, Internet, Media and Entertainment, Shopping, TV
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
AMG/PARADE acquired by The Arena Group
Details about the transaction:
Acquisition amount: $16,000,000
Announcement: 18 January 2022
Details about the company:
AMG/PARADE is a publishing house that specializes in producing articles on cuisine, families, sports, and entertainment.
Headquarter:
Where to find them: Website
Industry: Digital Entertainment, Fitness, Food and Beverage, Sports
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
AxesInMotion acquired by Media and Games Invest
Details about the transaction:
Acquisition amount: $57,770,075
Announcement: 28 April 2022
Details about the company:
AxesInMotion is a video game firm that focuses on creating, curating, and disseminating mobile games.
Headquarter:
Where to find them: Website
Industry: Digital Entertainment, Gaming, Video Games
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Dacheng Network acquired by KongZhong
Details about the transaction:
Acquisition amount: $80,000,000
Announcement: 15 December 2009
Details about the company:
A provider of online interactive entertainment is Dacheng Network.
Headquarter:
Where to find them: Website
Industry: Digital Entertainment, eSports, Gaming
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Fetch TV acquired by Telstra
Details about the transaction:
Acquisition amount: $50,000,000
Announcement: 27 April 2022
Details about the company:
The newest movies, TV series, and live sports are available on the subscription-based television service provider Fetch TV.
Headquarter:
Where to find them: Website
Industry: Digital Entertainment, Subscription Service, Telecommunications, TV
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.
