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  5. Keywords Studios Acquires Red Hot CG

M&A Deal Summary

Keywords Studios Acquires Red Hot CG

On May 22, 2017, Keywords Studios acquired digital media company Red Hot CG

Acquisition Highlights
  • This is Keywords Studios’ 14th transaction in the Digital Media sector.
  • This is Keywords Studios’ 2nd transaction in China.

M&A Deal Summary
Date 2017-05-22
Target Red Hot CG
Sector Digital Media
Buyer(s) Keywords Studios
Deal Type Add-on Acquisition

Target

Red Hot CG

Shanghai, China
Red Hot CG is a proven 2D, 3D and animation art provider to the global video games market with clients in the US, Europe, China and Japan. After its inception Red Hot CG expanded through organic growth to secondary cities in China - Zhengzhou, Chengdu, Dalian - and to Yogyakarta, Indonesia. Red Hot CG found early success contributing to popular projects like Tomb Raider and God of War: Ascension, and most recently to franchise tentpoles including Call of Duty: Black Ops 3, Call of Duty: Infinite Warfare, Fallout 4, Uncharted 4, and Far Cry Primal. Red Hot CG has also provided art services to breakout new IPs like Ubisoft's For Honor and Guerrilla Games' Horizon: Zero Dawn.

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Buyer(S) 1

Buyer

Keywords Studios

Dublin, Ireland
Category Company
Founded 1998
Sector Digital Media
Revenue 780M EUR (2023)
DESCRIPTION

Keywords Studios is an international technical services provider to the global video games industry. The company provides integrated art creation, localization, testing, audio, and customer care services across 50 languages and 14 game platforms to a blue-chip client base in more than 15 countries. Keywords Studios was founded in 1998 and is based in Dublin, Ireland.

DEAL STATS #
Overall 20 of 41
Sector: Digital Media M&A 14 of 27
Type: Add-on Acquisition M&A Deals 19 of 36
Country: China M&A 2 of 2
Year: 2017 M&A 5 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-17 GameSim

Orlando, Florida, United States

GameSim, Inc. is a specialist in outsourced engineering services and technology platforms for the video games industry and other virtual simulation applications. GameSim employs over 30 software engineers and artists and has a range of cutting edge, proprietary technology platforms which are integrated with client processes to develop video games and visually simulate environments for military and urban planning applications.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-04 Around The Word

Paris, France

Around The Word is a provider of audio recording and localisation services to the video games industry internationally.Around The Word is an international localization company founded in 1998 and based in Canada, France and Germany.

Buy -
Mergr

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