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M&A Deal Summary

Keywords Studios Acquires XLOC

On May 10, 2017, Keywords Studios acquired digital media company XLOC for 900K USD

Acquisition Highlights
  • This is Keywords Studios’ 12th transaction in the Digital Media sector.
  • This is Keywords Studios’ 21st largest (disclosed) transaction.
  • This is Keywords Studios’ 3rd transaction in the United States.
  • This is Keywords Studios’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2017-05-10
Target XLOC
Sector Digital Media
Buyer(s) Keywords Studios
Deal Type Add-on Acquisition
Deal Value 900K USD

Target

XLOC

Raleigh, North Carolina, United States
XLOC has developed the major web-based integrated globalization content management system for videogames (XLOC), supported by consulting and customisation services. Its proprietary software application can be integrated with any games development platform and enables game developers and publishers to more efficiently manage and automate the complex process of localising games content across multiple languages and platforms for simultaneous global launches and continuous publishing.

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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. It has a strong market position, providing services to 20 of the top 25 most prominent game companies, including Microsoft, Supercell, King, Bandai Namco, Sony, Konami, Electronic Arts, 2K, and Square Enix. Recent titles worked on include Tom Clancy's The Division, Halo 5: Guardians, Batman: Arkham Knight, Street Fighter V, Rise of the Tomb Raider, Clash Royale, and Mobile Strike. Keywords Studios was founded in 1998 and is based in Dublin, Ireland.

DEAL STATS #
Overall 18 of 40
Sector (Digital Media) 12 of 26
Type (Add-on Acquisition) 17 of 35
State (North Carolina) 1 of 1
Country (United States) 3 of 7
Year (2017) 3 of 13
Size (of disclosed) 21 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-08 Sotera Defense Solutions

Herndon, Virginia, United States

Sotera Defense Solutions, Inc. is a provider of technology-based systems, solutions, and services for national security agencies and programs of the U.S.

Buy $235M
FOLLOWING 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
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