Summary of decisions and notifications – July-August-September 2025

Decisions

Summary of decisions – July-August-September 2025
Investor	Type of investment	Canadian business	Type of business
Houting UK Limited	Indirect acquisition	Descriptive Video Works Inc., Keywords Canada Holdings Inc., Keywords Studios QC-Games Inc., Keywords Studios QC-Interactive Inc. (includes Volta Studios), Keywords Studios B.C. Inc., Smoking Gun Interactive Inc., Snowed in Studios Inc., Sunny Side Up Creative Inc. d/b/a KWM, 9409-2954 Québec Inc. d/b/a Syllabes Studio, The Multiplayer Group (Canada) Inc., Certain Affinity Games Canada, Inc. Vancouver, BC Edmonton, AB Ottawa, ON Toronto, ON Montréal, QC Mirabel, QC Québec, QC	Production of video products (production and post-production services for video games)

Summary of notifications – July-August-September 2025
Investor	Type of investment	Canadian business	Type of business
1536345 B.C. Unlimited Liability Company Cupertino, CA, United States	Direct acquisition	RAC7 Games Inc. Vancouver, BC	Production of video products (video games)
Saber Cayman Ltd. George Town, Grand Cayman, Cayman Islands (United States)	Direct acquisition	New World North Ltd. Calgary, AB	Production of video products (video games)
Nazara Technologies UK Limited London, United Kingdom (India)	Indirect acquisition	IronOak Games Inc. Vancouver, BC	Production of video products (video games)
Mediapro Internacional S.L.U Barcelona, Spain (Hong Kong, China)	Establishment of a new business	Wachter+ Ltd. Toronto, ON	Production of films or video products

2026-02-17