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Haveli Investments Leads Investment of $100 Million in Candivore

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Haveli Investments, L.P., a private equity firm with a focus on technology and gaming, has recently made a substantial investment in Candivore, the developer of the popular mobile game Match Masters. The investment, totaling around $100 million, grants Haveli a minority interest in Candivore. The funding for this acquisition comes from Haveli VC Gaming Fund […]

Unity Financial Results – Q2 2023

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Unity had a strong second quarter, with revenue and adjusted EBITDA exceeding guidance. Revenue of $533 million compares to guidance of $510 to $520 million and represents +80% year-over-year growth, +11% year-over-year on a pro-forma basis. GAAP net loss was $193 million and adjusted EBITDA was $99 million, an improvement of $136 million year-over-year. This […]

Electronic Arts Reports Q1 FY24

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“EA delivered a record Q1, driven by strong momentum in EA SPORTS global football and Star Wars Jedi: Survivor,” said Andrew Wilson, CEO of EA. “Our exceptional teams are creating innovative entertainment experiences across our multi-year pipeline, starting with the highly anticipated, culture defining titles Madden NFL 24 and EA SPORTS FC 24.” “We had […]