Appota to Go Global

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APRIL 15, 2014 • Vietnam's Appota Corp, the mobile content platform that launched during 2011, has sealed an undisclosed amount of Series B funding to increase its R&D to support off-shore expansion. Two funders, one in Singapore and one in Japan, provided the capital. Appota has already opened branch offices in Indonesia and Singapore after ...Continue Reading

CCP Cancels Vampire MMO

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APRIL 14, 2014 • When CCP Games acquired Atlanta-based White Wolf Publishing late in 2006 an MMO based on the Vampire: The Masquerade RPG series was already in the planning stages. Although production on World of Darkness was intended to start in the 2008-2009 timeframe, the title never exited pre-production and has now been officially ...Continue Reading

Facebook Grabs Oculus

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MARCH 26, 2014 • In a major surprise Facebook Inc. has acquired Oculus VR Inc. for $400 million in cash and $1.6 billion in stock. The latter is the virtual reality technology company founded by 21-year-old Palmer Luckey who was an engineer at USC's Institute for Creative Technologies, and built early interest in his product ...Continue Reading

Native Linux CryEngine

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MARCH 13, 2014 • At this month's Game Developers Conference in San Francisco Crytek GmbH will be demonstrating its latest generation CryEngine (the developer ceased numbering its engine after CryEngine 3) which includes fully native support for Linux. Although Crytek ported CryEngine 3 to Linux, and Kingdom Come: Deliverance from Prague-based Warhorse Studios uses that ...Continue Reading

King Finally Files IPO

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FEB. 18, 2014 • After spending several years mulling over its options, skill games company King has filed for a $500 million IPO on the New York Stock Exchange. The maker of the popular Candy Crush Saga intends to use the symbol KING. Bank of America Corp., Credit Suisse Group AG, and JP Morgan Chase ...Continue Reading

MSFT Acquires Gears IP

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JAN. 28, 2014 • Epic Games' Gears of War franchise has been acquired by Microsoft Studios. Financial terms were not disclosed but the deal secures the IP for Microsoft including rights to all existing and future games, entertainment experiences and merchandise. Vancouver, BC-based Black Tusk Studios will now be responsible for development of Gears of ...Continue Reading

BNDeNA to Close

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JAN. 21, 2014 • BNDeNA, the joint venture between Bandai Namco and DeNA to produce social mobile games, will be disbanded as of March 31. The partnership was launched in October of 2011 as BDNA and headquartered in Tokyo. Initial capitalization was a trim ¥100 million ($1.3 million), and Bandai Namco retained a 75% ownership ...Continue Reading

Free Unity to ID@Xbox

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NOV. 5, 2013 • Indie developers who have signed up for Microsoft Corp.'s ID@Xbox self-publishing program for the Xbox One will now get Unity Technologies deployment tools for the platform as an add-on to their existing Unity license. A special Xbox One version of the Unity Pro tools is also being developed. The tools include ...Continue Reading

NHN Spins Off Divisions

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AUG. 9, 2013 • Thirteen years after it came on the scene, Next Human Network Corp. (NHN) has been in the process of spinning off its online gaming and online portal businesses since the beginning of the month. The Hangame division now operates as NHN Entertainment Co., while the Naver search division has been renamed ...Continue Reading

Activision Buys Its Freedom

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JULY 26, 2013 • With €13.2 billion ($17.5 billion) in debt on its books Vivendi SA has been contemplating ways to pull money out of its 61% stake in publisher Activision Blizzard. In a huge $8.17 billion deal orchestrated by Activision Blizzard chief executive Bobby Kotick, the publisher will buy out Vivendi's controlling stake. The ...Continue Reading