Post Tagged with: "Acquisitions"

Magic Leap’s and King’s deals pave way for big jump in 2016 game transactions
/ February 2, 2016 10:49 am
Magic Leap’s and King’s deals pave way for big jump in 2016 game transactions

VentureBeat reports "Augmented reality glasses firm Magic Leap confirmed that it has raised $793.5 million from Alibaba Group and other investors. Together with the expected closing of the $5.9 billion acquisition of King by Activision Blizzard, the Magic Leap funding could do wonders for game-related deal activity in 2016.". Read More

Activision Blizzard buys MLG for $46 million
/ January 4, 2016 12:27 pm
Activision Blizzard buys MLG for $46 million

Gamesindustry.biz reports "Major League Gaming, once North America's largest eSports organisation, has sold the majority of its holdings to Activision Blizzard for $46 million, taking advantage of a legal loophole to bypass the consultation of shareholders.". Read More

Hearst Invests $21 Million in Complex Media, Eyeing TV Shows for Hipster Dudes
/ September 22, 2015 3:55 pm
Hearst Invests $21 Million in Complex Media, Eyeing TV Shows for Hipster Dudes

Variety reports "Hearst has invested $21 million to take a minority stake in Complex Media, a digital media company targeting millennial males with pop-culture content, which is mulling expanding into TV. For Hearst, the deal is the traditional media company’s latest bid to diversify, as youth-skewing audiences shift toward Internet and mobile outlets. Complex joins Hearst’s investments in Vice Media, BuzzFeed, United Artists Media Group, and AwesomenessTV, in which it acquired a 25% stake for $81.5 million from DreamWorks Animation.". Read More

N3twork acquires Nio Games
/ August 20, 2015 9:56 am
N3twork acquires Nio Games

Gamesindustry.biz reports "San Francisco's N3twork is yet to release its first game, but that hasn't stopped it preparing for a big future with the acquisition of Swedish studio Nio Games.". Read More

SoundCloud Stops Sharing With Next Big Sound, Citing Its Sale to Pandora
/ August 20, 2015 9:53 am
SoundCloud Stops Sharing With Next Big Sound, Citing Its Sale to Pandora

Billboard reports "SoundCloud has decided to stop sharing data with Next Big Sound, the streaming analytics company recently acquired by Pandora. NBS let the news slip in a tweet-reply to a confused client from Motor Entertainment, who noticed SoundCloud data was missing from his reports.". Read More

Disney and Maker Studios’ Big Deal May Be Smaller Than They Thought
/ August 14, 2015 2:12 pm
Disney and Maker Studios’ Big Deal May Be Smaller Than They Thought

Re/code reports "Industry sources say both sides of the transaction now seem less enthusiastic about each other, and there’s lots of speculation that Maker CEO Ynon Kreiz and other top execs will leave Disney at the end of this year — the same time that Maker’s earn-out period wraps up.". Read More

Netmarble Games to Invest $130 Million in SGN, the Fastest Growing Major U.S. Mobile Games Studio
/ July 23, 2015 4:29 pm
Netmarble Games to Invest $130 Million in SGN, the Fastest Growing Major U.S. Mobile Games Studio

Netmarble, the number one mobile games publisher in South Korea, announced today an investment of $130 million to SGN, the fastest growing major U.S. mobile games studio. With this investment, Netmarble will become the largest shareholder in SGN. In this strategic partnership, SGN looks to grow their share in Asia, the biggest mobile games market in the world, while Netmarble will use SGN’s expertise to expand their presence in the West. Both companies will maintain their independence, but will work closely to share their creative and technological knowledge. . Read More

7 comments
Get Adobe Flash player