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

Tencent Takes CJ Games Stake

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MARCH 28, 2014 • Tencent Holdings Ltd. continued its investment in significant game companies taking a 28% stake in South Korea's CJ Games Corp for $500 million. The latter is one of the largest mobile game publishers in Korea and is a subsidiary of the huge CJ Group Pte. Ltd. Tencent now becomes the third-largest ...Continue Reading

Bitcoin Hooks Big Fish

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MARCH 11, 2015 • Big Fish Games is now accepting the Bitcoin Internet currency for online game payments and in-app purchases for both its browser and downloadable PC titles. To process bitcoins the publisher has partnered with San Francisco-based Coinbase. The latter is one of the more stable and reputable Bitcoin platforms anchoring 1 million ...Continue Reading

Kabam Bags Phoenix Age

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MARCH 10, 2014 • Kabam, Inc. is bringing another independent studio under its banner, Phoenix Age. Financial terms of the acquisition were not disclosed. However, Kabam told the Wall Street Journal last month that it had more than $70 million in cash available. Since 2007 Kabam has raised $125 million through four funding series, and ...Continue Reading

OnLive Resurfaces

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MARCH 6, 2014 • Last August Onlive Inc. entered into a process similar to bankruptcy called Assignment for the Benefit of Creditors. Nothing much has been heard since from the early cloud game streaming service until today. During the interim OnLive has invested in technology upgrades by adding thousands of new servers, opened data centers ...Continue Reading

Aeria Sells PC Biz

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MARCH. 4, 2014 • Aeria Games & Entertainment, Inc. is selling its PC games distribution business to ProSiebenSat.1 Games GmbH (PSG) for an undisclosed amount. Included in the deal is the former's European subsidiary Aeria Games Europe GmbH, as well as licenses to certain successful mobile games. PSG is taking over the entire Aeria Games ...Continue Reading

Guild Wars 2 Model Goes to China

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MARCH 3, 2014 • KongZhong Corporation is bringing ArenaNet's Guild Wars 2 to China with the same buy-once-play-forever model as employed by NCsoft in North America and Europe. The game client will be a digital download that will be playable after purchase of a key code. The model is something of a novelty for China ...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

The Rise & Fall of Flappy Bird

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FEB. 10, 2014 • The pride of Vietnam's mobile app development scene, Nguyen Ha Dong, has removed his hugely popular Flappy Bird game from distribution. The free title was released last May and existed in relative obscurity until November when iOS downloads skyrocketed. Soon Flappy Bird was getting between 1 million and 2 million downloads ...Continue Reading