, a former Microsoft Corp. video game studio that developed the franchises Halo and Destiny, for $3.7 billion, according to an SEC filing.
U.S. consumer spending on video games grew 29% to $56.1 billion from 2019 to 2020, before leveling out to a more moderate 8% increase from 2020 to 2021,That correction after explosive growth may have prompted more acquisitions and consolidations in the industry this year, , founder of Winter Park-based video game accelerator Burnout Game Ventures LLC and a veteran of the gaming and entertainment tech industries, told
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