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Full coverage: Keywords Studios

“Inflated” costs drove Keywords Studios into the red after its €2.5bn buyout

Accounts filed in the UK show the Irish games company’s revenue grew to near €750m in 2024 but it swung to a notable loss as private-equity firm EQT closed its acquisition.

Jonathan Keane
9th Jul, 2025 - 3 min read

Keywords Studios joins up to “crucial” Hollywood AI union deal

A year-long strike by video game voiceover performers in Hollywood, including at Keywords-owned Blindlight, has come to an end in a deal with Sag-Aftra.

Jonathan Keane
26th Jun, 2025 - 2 min read

A €2.5bn deal and a PE buyer: How the gears of the new Keywords Studios are moving

The Irish video-game services giant saw a bumper exit to EQT last year. Since then, it has continued with job cuts globally and homed in on AI.

Jonathan Keane
18th Mar, 2025 - 10 min read

New chapter, same challenges: As its €2.5bn deal closes, Keywords Studios’ Italian labour dispute rumbles on

Today, the games services firm closed its acquisition by EQT. In the last few months, it has been shedding jobs in some markets to cut costs but unions in Italy are putting up a fight.

Jonathan Keane
24th Oct, 2024 - 3 min read

After mega Keywords deal, translation tech takes stock of a changing industry

Delegates gathered in Dublin recently to thrash out the state of the translation and localisation sector right as the €2.5bn acquisition of Keywords Studios comes to pass.

Jonathan Keane
8th Aug, 2024 - 5 min read

Hollywood strikes and union quarrels: Keywords Studios’ latest disputes with workers

The Irish video-game services firm is nearing a €2.5bn deal to be taken private. But outside the boardroom, workers in the US and Europe are striking over AI and lay-offs.

Jonathan Keane
31st Jul, 2024 - 4 min read

Shares in Keywords Studios are up 10x in six years. Is there anything left for investors?

In 1999, a couple based in Dublin realised they could grow their small translation business by buying up their partners from around Europe. 62 acquisitions later, the business they started is worth €1.1 billion and is a giant in the computer games industry. How big can it get?

Sean Keyes
5th Feb, 2020 - 13 min read
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