Tag Archives: acquisition

"Sorry, I might not have been clear. I was simply stating that@TechCrunch‘s article is not true." That claim was this morning made by PopCap’s community rep Jennifer Kye, according the Venturebeat. Shortly afterwards the tweet was deleted. While it may simply be a case of PopCap ensuring that employees stick …

One leading tech site claims to have it on good authority that EA is on the verge of one of the largest acquisitions ever seen in the games industry. If true, TechCrunch‘s claims that EA is the mystery bidder behind a supposed $1bn swoop for PopCap would dwarf the $17m …

The CEO of publisher Take-Two has said that the publisher would consider any possible acquisition move. "I’m proud of what we’ve delivered," Strauss Zelnick told Gamasutra. "I’m proud of the value we’ve created for shareholders in the past few years. "I’m proud the team has had precious few missteps. But, …

Activision Blizzard CEO Bobby Kotick is considering purchasing a controlling stake of the struggling social network MySpace, according to reports. Kotick had been approached by an unknown investment group about buying News Corp’s online network, which has lost considerable ground to Facebook. Three insiders, speaking to Reuters, say Kotick has …

A US analyst has claimed that the commercial success of LA Noire means a possible acquisition of Take-Two is now more likely. LA Noire now joins Grand Theft Auto and Red Dead Redemption in the publisher’s stable of super triple-A IP. Its catalogue also includes Bioshock, Mafia, Carnival Funfair, Civilization, …

Zynga has claimed its fourteenth acquisition in just twelve months, having now bought the San Franciscan outfit DNA Games. DNA Games describes itself as a technology-driven, casual gaming platform” hitherto funded by Battery Ventures and Bain Capital Ventures. Financial terms of Zynga’s buyout were not disclosed. Develop has the full …

Microsoft is close to completing a deal to acquire Skype, beating out other suitors thought to include Google and Facebook. The Wall Street Journal reported that Microsoft was set to pay between $7 and $8 billion for the cross-platform voice and video chat service. Skype has been a loss making …

Electronic Arts has announced plans to acquire Australian mobile games developer Firemint for an undisclosed sum, with the deal expected to close within the next four weeks. Firemint is one of the most well respected mobile developers, having originally made its name developing racing games and other titles on a …

While there’s no official confirmation of Sony’s swoop for Swedish download firm Ztorm, our spies say the deal is as good as done. It’s another sign of New World meeting Old. But it says a lot about how the Old World often adapts to the New – by eating it …

In a move loaded with strategic significance, Sony is on the verge of buying digital distribution firm Ztorm. There is no official confirmation of the deal as yet, but MCV understands that long-running discussions are on the brink of a successful conclusion. Ztorm said it has no comment on the …