Avista
Video Game Briefing Partners
Highlights:
• Market Cap for all public companies in global game sector is $107.6 billion
• Over $6m of M&A deals in global sector (Last 30 days)
• Over $138m raised in global sector (Last 30 days)
• The Online Game Index is the best performing game sector index at +42.6% (LTM)
• The Asia Game Index is the best performing regional game index at -32.0% (LTM)
• Online Game/ Virtual World Universe has 150+ companies generating $9.5 billion in annual revenue
Recent M&A Deals
Total Implied Implied Implied Implied
Transaction Enterprise Enterprise Enterprise Enterprise
Date Target/Issuer Value ($mm) Buyers/Investors Value ($mm) Value/Revenues Value/EBITDA Value/EBIT
PC, Console Games
06/23/2009 Id Software - Zenimax Media - - - -
Mobile Games
06/22/2009 Simlife International 5.7 KongZhong 5.7 - - -
Recent Fundraising Deals
Total
Transaction
Date Target/Issuer Transaction Type Value ($mm) Investors
Online Games
06/17/2009 Erepublik Private Placement 2.8 AGF Private Equity
06/12/2009 3Dduo Private Placement - Newfund Management S.A
06/04/2009 Hangout Industries Private Placement 4.0 Highland Capital Partners and Polaris Venture Partners
06/03/2009 Gameground Private Placement 4.1 Sequoia Capital Israel
06/03/2009 Handseeing Information Private Placement 7.3 Green Pine Capital Partners
PC, Console Games
06/03/2009 Take-Two Interactive Public Offering 120.0 -
June 2009 Source: Capital IQ, Company Filings, Brokers & Press 1
Avista
Video Game Briefing Partners
Game Index Performance by sub-sector (LTM)
The Online Game Index is the best performing game sector index at +42.6%
Note: the companies making up each index are those listed in the corresponding comps in the following pages. The indexes are based on a weighted market cap and are rebased to 100 at the start.
June 2009 Source: Capital IQ, Company Filings, Brokers & Press 2
Avista
Video Game Briefing Partners
Game Index Performance by region (LTM)
The Asia Game Index is the best performing regional game index at -32.0%
Note: the companies making up each index are those listed in the corresponding comps in the following pages. The indexes are based on a weighted market cap and are rebased to 100 at the start.
June 2009 Source: Capital IQ, Company Filings, Brokers & Press 3
Avista
Video Game Briefing Partners
Microsoft Online
AOL Games
Realnetworks Games Tencent Games NHN Games Online Game/Virtual World Universe
Wild Tangent Viacom Online
Kongregate EA Online
YoyogamesMiniclip iwin PlayfirstYahoo Games 150+ plus companies with $9.5 billion in
Zapak Astrum
Roblox
Games2win Cafe.comOberon Ganymede Gungho Shanda annual revenue
Fettspielen MLG
Alawar 9you Gala-net Gamania
Zynga Big Fish Geewa Popcap Aeria Run Up Mgame
Jagex Netease Games
Moli Group
Acclaim Bigpoint Sony Online (SOE) NcSoft
Level Up Games
Gameforge CJ Internet
Viwawa
Gamepot
Prizee Gigamedia Games Gamigo Hanbitsoft
Portfolio Diversity
Vinagame ESL The9
Weeworld Guangyu Huaxia Netdragon
Playdom Sing-Gium IGG Chinese Gamer Gameon
Nexon WeMade Entertainment
SGN GameCyber Neowiz Games
Gonzo Rosso
IP e-games DMII Perfect World
Burda Interactive IGS Online Games Asiasoft
VTC Game Mycnx CDC Games Kingsoft Games
GoodGame K2/ Gamers FirstGarena Webzen
Outspark
Playfish OnNet Lyto Gravity Joymax Actoz Goa Valve Online
Artix
JC EntertainmentCubizone GamesCampus
Ini3 Shiji Tiancheng Innogames Ndoors Giant Interactive
Flowplay Ankama Games Masters Subagames
Cyberstep Mygame.ph Iam Interactive
Jumpstart GCREST Grigon Ogplanet
Ntreev IAHGames Frogster
Apaja Kog Studios Turbine