Netflix buys Boss Fight Entertainment game studio

Dungeon Boss | Boss Fight Entertainment

Netflix adds another independent game studio under its belt. It has acquired Texas-based mobile game developer Boss Fight Entertainment for an undisclosed amount. The studio was formed by former Zynga Dallas and Ensemble Studios employees back in 2013, headed by CEO David Rippy, CCO Bill Jackson, and COO Scott Winsett. The team will continue to operate out of its studios in the US. Amir Rahimi, Netflix's VP of game studios, will allow Netflix to "tap into great creative talent beyond California." 

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Netflix purchases Next Games studio, the team behind its 'Stranger Things' game

Source: Next Games/Netflix

Netflix wants you to know it's serious about its gaming ambitions. The company announced its plans to acquire Next Games, the Finnish mobile game developer that created its RPG-based Stranger Things game. The streaming service will purchase the studio for about €65 million (around CA$91.5 million), with its paperwork expected to be finalized by the summer. According to Netflix VP of Games, Michael Verdu, Next Games will become its "core studio" that will expand its internal game studio capabilities. 

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Microsoft to acquire Activision Blizzard for almost US$70B

Source: Microsoft

Microsoft's newest acquisition is bound to shake things up in the gaming industry. The company will purchase Activision Blizzard for US$68.7 billion in an all-cash transaction. This acquisition makes Microsoft the world's third-largest gaming company by revenue (behind Tencent and Sony).

The company will own every studio and game under Activision Blizzard, including popular franchises like World of Warcraft, Call of Duty, Diablo, Overwatch, Crash Bandicoot, and more.

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Tencent purchases 'Back 4 Blood' developer Turtle Rock Studios

Turtle Rock Studios

Tencent is acquiring another video game studio to add to its impressive roster. The company acquired Slamfire, the parent company of Back 4 Blood developer Turtle Rock Studios. The studio will be "retaining its independent operations" in California, with its existing leadership team staying on to run the studio.

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