Codemaster December News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Devolver Digital tipped for £1bn IPO, so why do tech companies of certain size choose London?
London is seeing a renaissance for stock market floats.
Video game group Devolver Digital is reportedly coming to London later this year with a £1bn IPO.
The City has a solid and steadily growing number of gaming and digital companies, so its perhaps no surprise that another name is being added to the list - but why this one choosing London?
Sure, there is a number of quality video games stocks in the City, although none of the ‘AAA’ publishers.
Keywords Studios has been a great success story as its acquisitive growth strategy has pushed its move from AIM market IPO to £2bn martket cap FTSE 250 constituent, and, Codemasters’ December takeover by Electronic Arts was sealed at close to US$1bn. ....

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