Tag Archives: acquisition

Google pays $182m for Slide

Google is buying social games developer Slide in a $182m deal to be announced on Friday, according to a source at news site TechCrunch. The move comes as part of the search engine site’s ongoing attempts to set up a social games strategy capable of rivaling Facebook. Google has previously …

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GameStop ‘follows’ its users online

US games retail giant GameStop wants to exploit the crossover between ‘core’ gamers at retail and ‘casual’ gamers playing online. The firm this week told MCV that it is following customers to the non-console areas they play games in – with the acquisition of Flash games site Kongregate on Tuesday …

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GameStop swoops for Kongregate

In what can only be described as a hugely significant move, video games retailer GameStop has acquired leading online Flash games portal Kongregate. The website boasts in the region of 10m users and is one of the most important players in the increasingly significant casual games sector. Kongregate will now …

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Blizzard: Activision hasnt changed us

With developer relations remaining very much a touchy issue at Activision for the time being, Blizzard Entertainment’s VP and executive MD of internal operations Michael Ryder has told MCV that the merger between former owner Vivendi and Activision hasn’t made any difference to Blizzard’s internal workings. Since we had our …

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Virgin Gaming details outed

An investigation into the return of Richard Branson to the world of video games has ousted business links to Toronto-based skill-gaming firm WorldGaming.com – and ignited talk of a possible acquisition. WorldGaming is a Toronto-based company that sees PS3 and Xbox 360 gamers compete with one another online for prizes. …

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Konami profits up 22%

The full year financial results for Konami this year have proved a mixed bag, with profits increasing but revenues falling. In total profit jumped 22.4 per cent year-on-year for the 12 months ending March 31st 2010, ending at $143.4m. Revenues were down 15.4 per cent at $2.8bn. Revenues at its …

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Warner Bros buys Turbine

Warner Bros. has acquired indie MMO developer Turbine in what is reported to be a $160 million deal. Turbine – the Massachusetts-based studio responsible for Lord of the Rings Online and Dungeons & Dragons Online – is now fully owned by Warner following sixteen years of independence. Warner Bros.’ latest …

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Kotick: EA a good option if you want to sell out

In a wide-reaching and uncharacteristically personal speech at DICE, Activision boss Bobby Kotick managed to find a little time for a quiet dig at publishing rival EA. More specifically, the exec was keen to point out his belief that while Activision nurtures and respects its owned studios, EA is a …

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