Miro Parizek to present on gaming M&A at Browsergames Forum in Frankfurt
|Date: 17 October 2012
|Author: Corum Group
Frankfurt, Germany -- Miro Parizek, online gaming mergers and acquisitions expert and Corum Group Managing Director, will present a special session on trends in browser and online games M&A entitled “M&A Explosion in the Gaming Sector” at the Browsergames Forum in Frankfurt on 1 November.
According to Parizek, “M&A is an important way for founders to create wealth by selling the companies they have created. Monetizing games is key to success in the industry, but most entrepreneurs are extremely keen on ‘monetizing’ the shares of companies they have founded; the most likely avenue is via a 'trade sale' – i.e. M&A.”
Parizek will discuss the eight steps to sell a gaming company and highlight recent large transactions and strategically important smaller deals in the sector. “In particular, we’ll look at Zynga’s deal activity over the past years and discuss the impact to gaming industry players of such transactions, such as Sony’s acquisition of Gaikai,” Parizek noted.
Corum Group has a long history of guiding gaming firms to successful transactions, reaching back to pioneering companies such as BrightStar Technologies in the 80s, FormGen, creators of Duke Nukem 3D, in the 90s, and others. Corum is presently representing several gaming companies taking advantage of the current environment.
The two-day Browsergames Forum features high-profile lectures from the movers and shakers of the industry on its current and future topics for online, mobile and cross-platform games companies and offers a unique opportunity for networking with the most influential members in the world of browser and online games.
About Miro Parizek:
Miro joined Corum in 1998 and has since advised clients in over a dozen countries on three continents. He was appointed Managing Director of Corum Group International S.à.r.l. at the end of 2005 and is responsible for Corum’s international business.
About Corum Group:
The global leader in software M&A, Corum Group has specialized in serving software and technology companies for over 25 years from its network of offices throughout North America and Europe. The company has created more than 6 billion in wealth for its clients while completing over 220 software M&A transactions. With an experienced team of senior M&A advisors backed by top industry valuation and research analysts and the industry’s most comprehensive database of potential buyers and investors, Corum offers unparalleled support in achieving its clients' M&A objectives.
About the Browsergames Forum:
Founded in 2005 the Browsergames Forum is the longest running and most prestigious event for developers, publishers and professionals in the browser and online games sector with over 500 top-level attendees in 2011.