Kabam Acquires Phoenix Age
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 is actively considering an IPO. Phoenix Age is best known as a producer of RPGs for iOS devices and Facebook. Since 2010 Kabam has.....
OnLive Resurfaces
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 in Chicago and Seattle, plus increased capacity at existing data centers in Virginia, the San Francisco Bay Area, Dallas and.....
Sony’s Sweet & Sour 2014: 6 Million PlayStation 4 Units Sold
MARCH 4, 2015 • Sony Computer Ent. has announced another PlayStation 4 sales milestone after a week of major layoff announcements corporation-wide. The company has attained 6 million PlayStation 4 units sold worldwide since its November launch through March 2, with 370,000 of that number sold in Japan since February 22. With 30 titles available for the system, consumers have purchased 13.7 million software units. Sony’s own Killzone Shadow Fall has sold 2......
Retailer Target Releases Mobile Games
FEB. 28, 2014 • Through the end of this year Target Corp. plans on releasing six free-to-play mobile game titles. The content is fun and accessible, strictly promotional in design, and available for only a limited time. The retailer has released its first two titles this year in partnership with brand partners. Snack Bowl was launched in January to coincide with the Super Bowl. Players earn points by keeping their friends well fed with snacks. Brands participati.....
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