Official press releases from Keywords Studios or EQT, major financial news outlets

Irish Keywords Studios Agrees to £2.1 Billion Acquisition by EQT for $2.8 Billion

Jul 3, 2024, 09:32 AM

Keywords Studios, the Dublin-based company known for providing game development, audio, and art services to clients such as Epic Games, has agreed to be acquired by Swedish private equity firm EQT. The deal values Keywords Studios at approximately £2.1 billion ($2.8 billion) and is expected to be completed in the fourth quarter of 2024. This acquisition comes after months of speculation and includes plans for Keywords Studios to expand into adjacent markets. Some reports indicate the deal could value the Irish video gaming group at £2.2 billion ($2.66 billion).