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Posts tagged Acquisition

Majority share in Warframe dev purchased by Chinese companies

The majority of shares in Warframe developer Digital Extremes have been acquired by two Chinese companies, Multi Dynamic Games and Perfect Online Holding. As a subsidiary of Sumpo Food Holdings Limited, Multi Dynamic Games purchased 58 percent of Digital Extremes' shares for $69.6 million, whereas...

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Starbreeze acquires 'toys-to-life' studio for $7 million in shares

Payday 2 and Brothers: A Tale of Two Sons publisher Starbreeze Studios has purchased Geminose, a developer working on a new, toy-incorporating IP that's comparable to the Skylanders and Disney Infinity franchises. The acquisition, made via North American subsidiary Starbreeze USA Inc., is worth $7...

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Amazon completes Twitch acquisition

Since Amazon Prime's two-day delivery apparently doesn't apply to business acquisitions, Amazon's acquisition of streaming service Twitch, which was announced on August 25, has only just been finalized. A filing with the United States Securities and Exchange Commission has confirmed the $970...

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Report: Microsoft to announce Mojang acquisition on Monday

Fans of alliteration, try this tongue-twister on for size: "Minecraft maker Mojang to merge with Microsoft." Better hurry though, because according to reports from Reuters, the rumored acquisition will be announced Monday, September 15, giving you just a couple days to practice the M-heavy news. ...

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Report: Microsoft may buy Minecraft studio Mojang

Microsoft is in serious discussions to buy Mojang, the independent Swedish studio responsible for Minecraft, in a deal estimated at more than $2 billion, The Wall Street Journal reports. An agreement could be signed this week, the site says....

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Report: Google deal to acquire Twitch for $1 billion is so on

Google has acquired Twitch for $1 billion, Venture Beat reports, citing people "familiar with the matter." This follows a report in May that Google (via YouTube) was in talks to acquire Twitch. Twitch offered no comment on the new claim. Venture Beat notes that details are scarce on the deal and...

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Facebook's acquisition of Oculus is now official

Facebook's $2 billion acquisition of Oculus VR closed today, officially cementing the deal that was announced in March. Oculus and Facebook are as inseparable as a vampire squid wrapped around the face of humanity. Or a tech company and another tech company targeting a slightly different market. ...

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Report: Games industry saw $12.5 billion in acquisitions last year

Over $12.5 billion in game company acquisitions were announced in the last year, London-based game advisory firm Digi-Capital reports. The firm's second quarter review, as highlighted by GamesBeat, showed $4.6 billion of the deals involved mobile gaming companies. That was followed by $4 billion...

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Oculus to acquire Xbox 360 controller designer Carbon

Virtual reality company Oculus VR announced the acquisition of Carbon Design team this week. Carbon Design is best known as the designer of Microsoft's Xbox 360 controller, and will continue working from its studio in the Seattle area. Oculus said it has been working with Carbon "for nearly a year...

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FTC clears Facebook's purchase of Oculus VR

Facebook has earned U.S. antitrust approval to purchase Oculus VR, clearing the way for its acquisition of the company and its Oculus Rift VR headset technology, Reuters reports. The U.S. Department of Justice and the Federal Trade Commission approved the acquisition this week. Facebook...

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