2022 was the second-biggest year for games industry investments, mergers, and acquisitions, according to the latest report from Digital Development Management (DDM).
The firm tracked $51.5 billion in gaming deals last year, led by Take-Two's purchase of Zynga ($12.7 billion), Unity's deal for IronSource ($4.4 billion), and Sony's acquisition of Bungie ($3.7 billion).
That's down 31% from the record $74.5 billion in gaming deals DDM tracked for 2021. One big factor that contributed to the downturn was the regulatory hold-up around Microsoft's acquisition of Activision Blizzard, which would have added $68.7 billion to the total on its own.
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