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Roblox Acquires Guilded, a Platform to Connect Gaming Communities

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Rhea-AI Summary

Roblox (NYSE: RBLX) has announced the acquisition of Guilded, Inc., a company dedicated to enhancing connections within gaming communities. This strategic move reflects Roblox's commitment to empowering user communities. Guilded, established in 2017, offers features like voice chat, video chat, and integrated scheduling tools to facilitate community interaction. CEO David Baszucki expressed enthusiasm about supporting Guilded's growth, while Guilded will maintain independent operations. This acquisition could strengthen Roblox's position in the gaming sector as it enhances community engagement.

Positive
  • Acquisition of Guilded strengthens Roblox's community engagement capabilities.
  • Guilded's platform enhances user interaction through advanced features like voice and video chat.
  • Roblox supports Guilded's growth, indicating potential for innovation and market expansion.
Negative
  • None.

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.

“The Guilded team has a clear passion for empowering communities,” said David Baszucki, CEO of Roblox. “They have a great team and technology, and we’re very excited to help them continue on their path.”

Since launching in 2017, the Guilded team has built a powerful platform to connect gaming communities, including tools and features such as tiered voice chat, video chat, integrated calendars, scheduling tools and more. In March 2021, the company launched its bot API to simplify bot development allowing users with little or no programming experience to easily create bots.

“Our mission is to connect gaming communities, and Guilded allows communities to connect and communicate in new and meaningful ways,” said Eli Brown, founder and CEO of Guilded. “We've been working hard on new features and improvements, and we remain focused on providing the best experience we can for all of our communities.”

Guilded will continue to operate as an independent product group.

Wilson Sonsini Goodrich & Rosati served as legal counsel to Roblox in the transaction.

About Roblox

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.

FAQ

What is the significance of Roblox's acquisition of Guilded?

The acquisition enhances Roblox's capabilities to connect gaming communities, potentially improving user engagement.

When was Guilded acquired by Roblox?

Roblox announced the acquisition of Guilded on August 16, 2021.

How will Guilded operate after the acquisition by Roblox?

Guilded will continue to operate as an independent product group under Roblox.

What features does Guilded provide to gaming communities?

Guilded offers tools like tiered voice chat, video chat, integrated calendars, and scheduling tools.

What is Roblox's mission with the acquisition of Guilded?

Roblox aims to enhance shared experiences among users by empowering gaming communities through Guilded.

Roblox Corporation

NYSE:RBLX

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