Game Business Investment Facing A Chilly Fall, But A Much Warmer 2024

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Too much money, and too many opportunities are out there for the video games market to stay cool long.

, Meta, and Microsoft. Apple alone has as much as $200 billion in cash and near-cash equivalents, said Foy. And most of the big tech firms have relatively little debt, which means their carrying capacity for acquisitions is even larger.

Microsoft has been trying for more than a year to secure regulator approvals for a $69 billion purchase of publisher Activision-Blizzard. Though most regulators around the globe so far have signed off on the deal,Microsoft said it would appeal. There likely also will be pressure on Hollywood studios to drive growth with gaming investments or even acquisitions. Their streaming subscription services are struggling to break even, losing $10 billion collectively last year .

 

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Game Business Investment Facing A Chilly Fall, But A Much Warmer 2024An uncertain economic climate has chilled dealmaking in the formerly superheated videogame industry, but LA Games Conference speakers said it should be warming up again as soon as later this year. Too much money, and too many opportunities are out there for it to stay cool long.
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Investment consortium nears deal for Syneos Health -sourcesA consortium comprising Elliott Investment Management, Patient Square Capital and Veritas Capital is nearing a deal to acquire Syneos Health Inc , a provider of clinical research to drug developers with a market value of $4 billion, people familiar with the matter said.
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Investment consortium nears $7 bln-plus deal for Syneos Health -sourcesA consortium comprising Elliott Investment Management, Patient Square Capital and Veritas Capital is nearing a deal to acquire Syneos Health Inc , a provider of clinical research to drug developers, for more than $7 billion, including debt, people familiar with the matter said.
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