VIDEO game giant Keywords Studio snapped up yet another rival yesterday as the firm makes a grand push for market share.

The Irish company announced it had bought mobile games specialist Mighty Games just weeks after swooping in for Age of Empires developer Forbidden Empires for a whopping $32.5m (£25.9m).

Keywords Studios also said it expects to report a revenue spike in its upcoming half-year report, climbing 34 per cent to €320m.

The company said adjusted profit before tax is expected to reach approximately €54m for the half year, representing an increase of over 35 per cent.

Commenting on the upcoming results, which are set to drop next month, chief exec Bertrand Bodson said the firm "continues to benefit from a renewed focus on content creation post pandemic and the structural trends towards outsourcing".

"Whilst we are mindful of a more uncertain macro-economic environment and some volatility in the scheduling of certain projects we continue to see strong demand for our services," Bodson said.

The firm said the Mighty Games acquisition would allow Keywords to stay at the "forefront" of industry Keywords' shares climbed over 10 per cent yesterday afternoon.

(c) 2022 City A.M., source Newspaper