DDM: Gaming investments reached $3.5bn during Q1

Agency also says that M&A transactions for the quarter increased by 276% year-over-year

Today in a new report, Digital Development Management(DDM) said that video game investments during Q1 2022 reached $3.5 billion.

The figure represents a decrease of 10.3% year-over-year at a volume of 243 deals made.

Blockchain gaming investments made up 48% of Q1 2022’s value at $1.7 billion.

Meanwhile, total M&A transactions reached $8 billion and saw a growth of 276.2% year-over-year for Q1.

DDM went on to say this increase in mergers and acquisitions happened across 84 deals, with more than half involving the purchase of game developers and publishers.

The report noted a few gaming M&A deals that closed during the quarter that were worth more than $1 billion.

Such as Saudi Arabia’s Public Investment Fund minor stake in Nexon and GN Group purchasing gaming peripherals outfit the SteelSeries, for $1.2 billion.

Additionally, DDM’s said that a number of high profile acquisition deals announced in Q1 haven’t closed yet and were not included in its report. Such as Microsoft buying Activision Blizzard, Sony adding Bungie, and Take-Two acquiring Zynga.

However they will be included in future reports once they are finalized the agency said.

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