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Just two weeks after Microsoft announced its intent to buy Activision Blizzard, Sony has joined the studio-buying club again, acquiring Destiny developer Bungie for $3.6 billion.

Announced this morning, Microsoft is set to acquire gaming giant Activision Blizzard for $68.7 Billion, bringing the Call of Duty and World of Warcraft publisher under their gaming umbrella. This move would make Microsoft the third largest game company by revenue behind Sony and Tencent.

Take-Two Interactive has just struck a deal to acquire Zynga, with plans to make its first inroads into mobile gaming in a big way.

Earlier this month it was announced that Perfect World Entertainment was acquired by Embracer Group, though will operate independently under Gearbox. Now we know a bit more about Perfect World and why Embracer purchased the company. Notably, we have some metrics from some of the ongoing MMOs from Cryptic, including revenues and player numbers for games like Neverwinter and Star Trek Online.

Funcom, the studio behind Age of Conan, Conan Exiles, Anarchy Online and The Secret World, has acquired Cabinet Group, which owns many IPs including everything under the Conan umbrella. New projects are already under way.

Enad Global 7's CEO and Founder, Robin Flodin, took to both YouTube as well as Daybreak Game Company's website to give players insight as to how the acquisition of the MMO developer worked and just who EG7 is actually.

It seems only yesterday that Enad Global 7, or EG7, was in the news over their acquisition of Daybreak. Well, they're back for another acquisition, this time grabbing up Innova for a reported $109 million. Here are some of the details around the latest acquisition.

It looks like Microsoft officially got one step closer to finishing its acquisition of ZeniMax as the SEC has cleared the deal today.

In an interview with GamesIndustry.biz, Jagex CEO Phil Mansell discusses the recent acquisition of the RuneScape developer, and how he views the acquisition by The Carlyle Group affects the team long-term.

Enad Global 7 has made a few moves recently with the acquisition of not just Pranha Games Inc. but also Big Blue Bubble. The press release indicates that the acquisition agreements are meant to follow their strategy to "perform complementary acquisitions to establish a stronger industry position."

Remember Microsoft's $7.5 billion purchase of Zenimax Media and their child companies, including Bethesda Softworks? A new interview from Kotaku with Phil Spencer sheds some more light on that.

By now, you have no doubt seen the news of Microsoft's $7.5 billion buyout of Zenimax Media - the parent company of Bethesda Softworks. Before the hype and excitement make their rounds, if they haven't already, let's pause for a moment and apply some critical thinking. I do not think this acquisition is good for consumers. Here's why.

In a stark, but not surprising move, Microsoft has acquired Zenimax Online Media, the parent company to Bethesda, which would solidify Microsoft as one of the premiere parent companies of some of the most well known and exciting RPG intellectual properties the gaming industry has come to love over the past several decades. The acquisition will include all of Bethesda's library, including Elder Scrolls, and Fallout.