Acquisition/Investment

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GameFly Unloads Direct2Drive
By admin
In Acquisition/Investment, Business Model, Distribution, News
Posted August 25, 2014

GameFly Unloads Direct2Drive

AUG. 25, 2014 • Three years after digital distributor Direct2Drive was acquired from News Corp by GameFly, Inc., the service has been sold to Taipei-based AtGames Digital Media Inc. Terms of the [...]

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Digital Extremes Targeted For Acquisition
By admin
In Acquisition/Investment, News
Posted July 8, 2014

Digital Extremes Targeted For Acquisition

JULY 8, 2014 • In a disclosure with the Hong Kong Stock Exchange, Sumpo Food Holdings Ltd. has outlined its intent to partner with Perfect Online Holding Ltd. to acquire Ontario, Canada-based [...]

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Vietnam’s Appota to Go Global
By admin
In Acquisition/Investment, Asia, News
Posted April 15, 2014

Vietnam’s Appota to Go Global

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 [...]

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Tencent Takes CJ Games Stake
By admin
In Acquisition/Investment, Asia, News
Posted March 28, 2014

Tencent Takes CJ Games Stake

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 [...]

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Facebook Grabs Oculus VR
By admin
In Acquisition/Investment, News, Virtual Reality
Posted March 26, 2014

Facebook Grabs Oculus VR

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 [...]

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