acquisitions Archives

AppWizard

May 23, 2025

Games Inbox: Are video games too expensive on console and PC?

Bethesda's latest game, Doom: The Dark Ages, is priced at £70 for both PC and console and can be completed in about 13 hours. This pricing strategy has raised concerns among gamers, especially since PC games typically have lower price points. Some gamers believe this may be an attempt by Microsoft to promote its subscription service, Game Pass, while others plan to wait for sales. Additionally, there are concerns about Bungie's management following its acquisition by Sony, with critics questioning the effectiveness of such corporate acquisitions in revitalizing franchises. In contrast, Nintendo is innovating with its upcoming Mario Kart World for the Switch 2, moving the series to an open-world format, which has generated excitement among fans. The gaming community remains engaged in discussions about pricing, management, and innovation as the industry evolves.

AppWizard

May 20, 2025

Nazara Technologies acquires UK’s console gaming publisher Curve Games for Rs 247 crore

Nazara Technologies has acquired UK-based PC and console game publisher Curve Games for Rs 247 crore (£21.7 million), marking its largest international acquisition to date. This acquisition gives Nazara complete ownership of Curve, which has a portfolio of indie games with over 100 million downloads worldwide, including titles like Human Fall Flat and Lawn Mowing Simulator. The move aims to diversify Nazara's offerings beyond mobile gaming into the PC and console markets, valued at over 0 billion globally. Curve Games reported revenues of Rs 263.5 crore and EBITDA of Rs 114.4 crore in 2024. Nazara plans to allocate Rs 800–1,000 crore for further acquisitions targeting global gaming studios. Other notable acquisitions by Nazara include Fusebox Games, Moonshine Technology, Comic Con India, and others. As of 2:29 pm, Nazara shares were trading at Rs 1,292.8 on the BSE.

Tech Optimizer

May 15, 2025

Databricks to acquire serverless database startup Neon for USD 1 Billion

Databricks intends to acquire Neon, a serverless Postgres startup, for approximately USD 1 billion. Neon specializes in a modern database service based on PostgreSQL, offering features such as near-instantaneous database provisioning, elastic scaling, and powerful branching capabilities. This acquisition aims to enhance Databricks' offerings for AI tools, particularly AI Agents. Databricks has a history of expanding through acquisitions, including the purchase of MosaicML for USD 1.3 billion in 2023 and Tabular for over USD 1 billion in 2024. The company has a valuation of USD 62 billion and projected annualized revenue of USD 2.4 billion by mid-year. The acquisition awaits regulatory approvals.

Tech Optimizer

May 15, 2025

Databricks to Acquire Neon in USD 1 Billion Deal to Power AI Agent Workflows with Serverless Postgres

Databricks intends to acquire Neon, a cloud-based serverless Postgres platform, for approximately USD 1 billion. Neon, founded in 2021, offers a managed, open-source Postgres service with features like effortless database cloning, isolated environment testing, and point-in-time data restoration. Over 80% of databases on Neon are created by AI agents. The acquisition aims to enhance Databricks' infrastructure for AI-native applications, allowing developers to create isolated Postgres instances quickly and decouple compute and storage resources. Neon has raised USD 129.5 million from investors, while Databricks has secured over USD 19 billion in funding, with a valuation of USD 62 billion. The acquisition is subject to regulatory approvals, and Neon's team will join Databricks post-acquisition.

Tech Optimizer

May 14, 2025

Databricks Acquires Neon for $1 Billion, Boosting AI Infrastructure with Serverless PostgreSQL

Databricks has acquired Neon, a cloud-based database startup specializing in serverless PostgreSQL, in a billion-dollar deal. This acquisition aims to enhance Databricks' role in the AI tooling landscape and reflects a shift in the database market to meet the needs of AI-native applications. Neon, founded in 2021 and based in Menlo Park, California, had raised nearly million before this acquisition. Databricks CEO Ali Ghodsi noted that 80% of databases on their platform are created by code rather than humans, indicating a shift in database management driven by autonomous AI agents. Databricks has been actively acquiring companies to strengthen its AI development capabilities, having previously acquired firms like MosaicML and Arcion. Ghodsi emphasized that as a private entity, Databricks can make long-term strategic decisions without public market pressures. The acquisition reflects a broader trend of increased deal-making in the AI sector and highlights the growing importance of robust data infrastructure in the context of sovereign AI initiatives.

Tech Optimizer

May 14, 2025

Databricks adds Postgres database with $1B Neon acquisition

Databricks announced its intention to acquire Neon, a developer of a cloud-based dataset platform built on PostgreSQL, to enhance capabilities for developers and autonomous AI agents. The acquisition's estimated value is approximately billion, although financial specifics remain undisclosed. Neon, based in Menlo Park, California, raised .6 million prior to the acquisition. This move will expand Databricks' portfolio with open-source database functionalities, aiding in the development of data and AI applications. Databricks has made several acquisitions to support generative AI development, including MosaicML, Arcion, Einblick, Lilac AI, BladeBridge, and Tabular, with some valued at over billion. Neon's platform allows users to create PostgreSQL instances quickly and features a disaggregated compute and storage architecture for automatic scaling. The Neon team will join Databricks following the acquisition's completion.

Tech Optimizer

May 6, 2025

Databricks reportedly could acquire serverless database startup Neon for $1B+

Databricks Inc. is in advanced discussions to acquire Neon Inc., a startup specializing in a commercial version of the open-source PostgreSQL database, with the deal anticipated to exceed billion. Neon, based in San Francisco, has raised over 0 million in funding, including contributions from Microsoft's M12 fund. Neon’s PostgreSQL distribution features a serverless architecture that dynamically adjusts hardware resources based on workload demands, allowing for separate provisioning of storage and processing power. It also includes an innovative connection pooling feature to minimize resource drain when establishing network connections. Neon enhances its offering with a cybersecurity tool for granular user access control and the ability to revert databases to previous states in case of data loss. Databricks' interest in Neon may be linked to its suitability for AI applications, as it supports vector storage and can provision new database instances in as little as one second. Databricks has been actively pursuing acquisitions to enhance its AI capabilities, including recent purchases of Fennel AI Inc., Lilac AI Inc., and MosaicML Inc.

AppWizard

April 23, 2025

PC Action Games Market Size and Outlook by Application, Type, and Geographic Scope

The global PC Action Games market is expected to grow significantly from 2025 to 2032, driven by increased demand for interactive entertainment, particularly among younger audiences, and advancements in technology. Key factors contributing to this growth include the popularity of competitive action games, improved gaming equipment, faster internet, and the rise of digital distribution platforms. Challenges include high initial investment costs, regulatory complexities, supply chain disruptions, market saturation in developed regions, and intense competition. Emerging trends involve the integration of advanced digital technologies, a focus on sustainability, and a demand for personalized offerings. The competitive landscape features intense rivalry, with companies prioritizing innovation, strategic partnerships, and regional expansion to enhance their market positions.

Winsage

April 1, 2025

How have 50 years of Microsoft been for you?

Microsoft is approaching its 50th anniversary, marked by significant milestones in personal computing and enterprise solutions. Key achievements include the introduction of Windows 3.0 and 3.1, while notable missteps include Microsoft Bob, Windows 8, the underperformance of Windows Mobile and Windows Phone, and the acquisition of Nokia. Microsoft's productivity suite remains strong despite competition from Google. The company gained popularity with its dialect of BASIC and has made strategic investments in cloud technology and artificial intelligence, including the acquisitions of GitHub and LinkedIn. However, it faced challenges with Internet Explorer losing ground to Google's Chrome and the failure of the Zune to compete with the iPod. Windows Vista is also noted as a less successful product.

AppWizard

March 26, 2025

Why Sensor Tower acquired VG Insights and how consolidation of data sources could hurt games market

Sensor Tower acquired Video Game Insights, marking its third M&A move following the acquisitions of Pathmatics in 2021 and data.ai in 2024. The company aims to consolidate its position in gaming analytics, expanding its services to include PC and console market intelligence. The acquisitions were partially financed by Riverwood Capital and involved credit-based financing from Bain Capital Credit. VG Insights, founded in 2020, aims to provide comprehensive analytics tools for indie PC game developers, addressing a gap in the market compared to mobile game analytics.