Keywords Studios has been taken private by EQT for an implied enterprise value of £2.2 billion, positioning the company for accelerated growth in the video game services sector.

Information on the Target

Keywords Studios, established in 1998 and headquartered in Dublin, Ireland, is a leading provider of technical services to the video game industry. The company offers a comprehensive range of services through three distinct segments: Create, Globalize, and Engage. Keywords Studios boasts a robust workforce of 13,000 employees, strategically distributed across more than 70 studios in over 25 countries worldwide.

Industry Overview in Ireland

The video game industry in Ireland has seen significant growth in recent years, driven by a growing global demand for interactive entertainment. Ireland’s favorable business environment, supported by government incentives and a skilled workforce, has attracted numerous international gaming firms and established the country as a prominent hub for this sector. The government continues to invest in initiatives aimed at supporting the digital economy, which directly benefits the gaming landscape.

Additionally, advancements in technology and increasing smartphone penetration have played a pivotal role in transforming the gaming experience. The proliferation of online gaming and eSports has opened new revenue stream