M&A Deal Summary

Fig Acquires Ownage

On May 31, 2018, Fig acquired digital media company Ownage

Acquisition Highlights
  • This is Fig’s 1st transaction in the Digital Media sector.
  • This is Fig’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-05-31
Target Ownage
Sector Digital Media
Buyer(s) Fig
Deal Type Add-on Acquisition

Target

Ownage

England, United Kingdom
Ownage Ltd. is a UK-based blockchain development company. Ownage is an Ethereum based platform to distribute, collect and trade digital game content. Our mission is to empower game developers, gamers, and content creators through the use of leading edge decentralised technologies, revolutionising how game content is bought and sold.

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Buyer(S) 1

Buyer

Fig

San Francisco, California, United States

Category Company
Founded 2015
Sector Digital Media
DESCRIPTION

Fig empowers developers and passionate fans alike to bring well-known franchises and undiscovered indie titles to market. On Fig.co, the community is the center of the publishing process, and the focus is on successful development and commercial viability rather than solely on the funding campaign. In Fig campaigns, developers raise funding from the community of gamers and investors, who can pledge for a reward and/or invest in Fig Game Shares that pay a return based on the game’s sales when it releases.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1