India’s UTV Software could soon be fully owned by Disney, if a major acquisition bid is agreed.
The Walt Disney Company already owns 50.4 per cent of Ignition’s parent, UTV Software, and today is willing to part with $454 million to own the company in full.
Much of the driving force behind the bid is UTV’s lucrative Bollywood films and TV shows, but a full acquisition would place developer Ignition’s future at the hands of Disney.
Sister site Develop has the full story.
Tags acquisition ben-parfitt bid disney takeover
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The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.
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