Q1’s $7.8B in game investments and M&A marks largest quarter since 2023 | DDM

The game industry’s motto for all of last year was “survive til 2025.” And in some respects, that wasn’t just wishful thinking. As the industry trudged through 2024, market researcher DDM saw positive signs. And with one quarter of 2025 in the books, it certainly seems that things are trending in the right direction when it comes to game deals — investments or M&A. Q1 2025 not only marks the second consecutive quarter of growth, but it is the largest quarter since Q4 2023, with combined games investments and M&As totaling $7.8 billion across 245 transactions (+29% in value and +1% in volume compared to Q4’s $6.0B across 243 combined investments and M&As). Q1 2025 overview DDM’s count of M&A in the first quarter of 2025. Q1 2025 investments saw a significant increase in value, totaling $4.4 billion across 190 investments (+370% in value and -8% in volume compared to Q4’s $945.9 million across 207 investments) recording 4.7 times in value growth QoQ and the largest quarter since Q2 ... Read full article.