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Existing investor Supercell lends Helsinki developer Metacore €150 ($180) million to scale its mobile puzzle game Merge Mansion, currently booking revenue at an annualized rate of over $50 million. Gaming industry investment and M&A hit record levels in 2020 and continues to be strong in 2021. [more]

Video game developer Electronic Arts announced the acquisition of mobile game developer Glu Mobile for $2.1 billion, a 36% premium to the market. [more]