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  6. Riot Games Acquires Radiant Entertainment

M&A Deal Summary

Riot Games Acquires Radiant Entertainment

On March 8, 2016, Riot Games acquired digital media company Radiant Entertainment

Acquisition Highlights
  • This is Riot Games’ 1st transaction in the Digital Media sector.
  • This is Riot Games’ 1st transaction in the United States.
  • This is Riot Games’ 1st transaction in California.

M&A Deal Summary
Date 2016-03-08
Target Radiant Entertainment
Sector Digital Media
Buyer(s) Riot Games
Deal Type Add-on Acquisition

Target

Radiant Entertainment

Los Altos, California, United States
Radiant Entertainment is a games start-up Company and based in Los Altos, CA. The game pits giant robots against each other in one-on-one fights, and pursued a simplified approach to the complicated move inputs of other fighting games. Company video games emphasize the creation of strong player communities. Company believe that games are at their best when they're shared with friends. Radiant founders Tom and Tony Cannon, who are also known for founding the Evo fighting game tournament and creating networking code software GGPO.

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Buyer(S) 1

Buyer

Riot Games

Los Angeles, California, United States
Category Company
Founded 2006
Sector Digital Media
DESCRIPTION

Riot Games was founded in 2006. The Los Angeles-based company released its first game, League of Legends, in 2009. League of Legends is played by more than 67 million people each month, according to Riot.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
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