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Was Supercell Worth Hefty $10B?

JULY 8, 2016 • Tencent Holdings Ltd’s recent acquisition of mobile game developer Supercell Oy naturally raised many eyebrows, not just for its $10 billion valuation, but also how it was really driven by one game, Clash of Clans. The idea that a single game can be worth so much will of course attract all […]

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SoftBank Sells Supercell for $8.6B

JUNE 21, 2016 • Clash of Clans developer Supercell Oy is being acquired by Tencent Holdings Ltd. from SoftBank Group Corp. for $8.6 billion. Softbank bought a 51% stake in Supercell for $1.5 billion in 2013, and increased that stake to 73.2 percent last year via external investors. Tencent will control up to 84% of […]

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Vivendi Controls 50+ of Gameloft

MAY 31, 2016 • Vivendi SA now controls more than 50% of mobile game publisher Gameloft SE based on results announced by French regulator AMF that 28.2 million Gameloft shares were tendered to Vivendi’s €8 per share tender offer – equaling 61.7% of share capital and 55.6% of voting rights. Until these results, Vivendi held […]

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Riot Acquires Radiant

MARCH 10, 2016 • Riot Games has acquired Los Altos, Calif.-based Radiant Entertainment for an undisclosed sum. The acquisition is the first for Riot. Radiant was founded in 2013 by brothers Tom and Tony Cannon. Their first title is the crowdfunded town building simulation game, Stonehearth, which is still in alpha. Also in alpha was […]

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ATVI Spends Big On King

NOV. 3, 2015 • Activision Blizzard is spending $5.9 billion ($18 per share) to acquire all outstanding shares of Dublin, Ireland-based Candy Crush Saga creator King Digital Ent. Of the total, $3.6 billion is cash that Activision Blizzard has parked outside the United States. The remainder is made up by a loan fronted by Bank […]

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Nexon Backs Off NCsoft

OCT. 21, 2015 • Nexon Co., Ltd. has sold its shares in NCsoft Corp. and backed away from the takeover position it previously held in the publisher. Back in 2012, Nexon had purchased a 14.7% stake from NCsoft chief executive Kim Taek-jin. The move was framed as part of a friendly deal between the companies to […]

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Battlefront Beta Draws 9M

OCT. 14, 2015 • Electronic Arts’ DICE studio reports that Star Wars Battlefront reached 9 million people who had signed on and played during the beta of the game that ended this week. Announcing the milestone in a blog post was DICE senior producer Sigurlina Ingvarsdottir. That number is significant since EA chief financial officer Blake […]

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Zapak Strengthens China Ties

SEPT. 29, 2015 • Zapak Mobile Games Private Ltd, a division of India’s Reliance Entertainment, has sealed two agreements to pursue several China-related endeavors. The first saw an Rs 989 million ($15 million) investment by Lead Eastern Investment Co., Ltd. based in Datong, China. The 10% stake is part of a joint venture between the […]

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Razer Eyes Android TV

JULY 30, 2015 • This week Razer Inc. confirmed it had acquired the software assets of Ouya, Inc. on June 12. The purchase netted Razer Ouya’s content catalog and online retail platform, plus the latter’s technical and developer relations teams. Financial terms behind the agreement were not disclosed. The acquisition is the first for game hardware […]

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Oculus Buys Hand Gesture Firm

JULY 17, 2015 • Startup Pebbles Interfaces, the gesture-based interface firm in Israel, has been purchased by Facebook Inc.’s Oculus VR. Financial terms were not disclosed, but the Wall Street Journal reported the purchase price was $60 million, while the Reuters news service put the amount at tens of millions. Pebbles launched in 2010 and obtained $450,000 […]

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