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Warner Bros. Games completes acquisition of Player First Games to enhance MultiVersus game experience

Jul 22, 2024over 1 year ago

Acquiring Company

Warner Bros Games

Acquired Company

Player First Games

BurbankLos AngelesPublishingVideo GamesGamingVideo GamesGaming

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.

Company Information

Company

Warner Bros Games

Location

Burbank, California, United States

About

Warner Bros. Games is a premier worldwide publisher, developer and licensor of entertainment content for the interactive space across all platforms. It is a part of Global Streaming and Games for Warner Bros. Discovery.

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M&A Insights

Based on deal data
Integration 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