November was a huge month in for the Vancouver Tech ecosystem and our site traffic reflected that. Not one, not two, but three acquisitions in the gaming space surprised everyone with $250+ million dollars flooding into the market as global players continue to add independent studios to their IP portfolios. Vancouver was also named the […]
IUGO Games
Vancouver’s Piranha Games Acquired by Enad Global 7
November has been a big month for gaming companies in Vancouver. First A Thinking Ape and IUGO Mobile were acquired by Embracer Group’s DECA Games and now Vancouver’s Piranha Games has been acquired by Enad Global 7 (EG7). EG7 has agreed to acquire Piranha for $31.4 million paid two-thirds in cash and one-third in newly […]
Embracer Group Acquires IUGO Mobile Entertainment
Embracer, through its wholly owned subsidiary DECA Games, has entered into an agreement to acquire Vancouver gaming studio IUGO Mobile Entertainment for an undisclosed amount. The acquisition is one of one of twelve the Embracer Group announced today including Vancouver’s A Thinking Ape which was acquired for USD $105 million. IUGO is a mobile Free-to-Play […]