MTG Hutch

MTG acquires UK game developer Hutch for $375 million

Swedish holding company MTG has announced the acquisition of Hutch Games, a British developer and publisher of mobile racing games, for about $375 million total, further diversifying its portfolio of specialist gaming and esports companies. The deal includes an up-front consideration of $275 million (on a cash and debt free basis) and earn-out payments of […]


Dutch startup Gameye raises $2.4 million to boost computing power for multiplayer gaming

Dutch gaming company Gameye has raised $2.4 million in a round led by Lakestar, with support from other investors such as Volta Ventures. The fresh capital will help the team develop its technology, which allows developers to scale multiplayer games without sacrificing performance. Essentially, Gameye aggregates the world’s gaming infrastructure and makes that computing power […]