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Roblox Acquires Guilded, A Platform To Connect Gaming Communities

Aug 16, 2021almost 4 years ago

Acquiring Company

Roblox Corp

Acquired Company

Guilded

San Mateo

Description

Roblox (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, today announced the acquisition of Guilded, Inc., a privately-held company focused on building a platform to connect gaming communities.

Company Information

Company

Roblox Corp

Location

970 Park Place

San Mateo, California, United States

About

Roblox’s mission is to build a human co-experience platform that enables shared experiences among billions of users. Every day, tens of millions of people around the world have fun with friends as they explore millions of immersive digital experiences. All of these experiences are built by the Roblox community, made up of over eight million creators. We believe in building a safe, civil, and diverse community—one that inspires and fosters creativity and positive relationships between people around the world. For more information, please visit corp.roblox.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed