Warner Bros. Games completes acquisition of Player First Games to enhance MultiVersus game experience
Jul 22, 2024•over 1 year ago
Acquiring Company
Warner Bros Games
Acquired Company
Player First Games
Description
Warner Bros. Games has announced the acquisition of Player First Games, the developer of the recently launched MultiVersus free-to-play platform fighter videogame. Player First Games will continue to operate under the leadership of its co-founders, and this acquisition is expected to enhance the MultiVersus game experience for the players.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed