Electronic Arts acquires Playfish for $400 million
Playfish has confirmed their deal with Electronic Arts.
EA is now acquiring Playfish for around USD 400 million.
Playfish is known for their social network games like Restaurant City and Pet Society.
EA said that this acquisition deal would enable them to expand their presence over social networks which are [...]
ZeniMax acquires id Software
ZeniMax has announced that they have completed the acquisition of cult videogame company id Software.
The acquisition was made through their subsidiary Bethesda Softworks.
ZeniMax clarified that all the games being developed by id Software would remain on track.
The company added: “No changes will be made in the operations of [...]
Microsoft acquires 3DV Systems
US based software giant Microsoft has confirmed that they are acquiring 3DV Systems.
3DV Systems is based in Israel and it specializes in advanced image sensing technology.
Microsoft is said to be using their technologies in the Project Natal product which is designed to complement Xbox 360 gaming console.
Microsoft corporate VP Moshe Lichtman [...]
Warner Bros. Entertainment bids for Midway Games
Warner Bros. Entertainment has announced that they are launching a bid for the videogame company Midway Games.
Their offer is worth around USD 33 million.
Midway Games is behind some popular videogame franchises like Mortal Kombat. The company had filed for bankruptcy protection earlier this year.
Warner is not interested [...]
Square Enix acquires Eidos
Eidos has announced that they are getting acquired by rival company Square Enix.
Eidos is most well known for their Lara Croft series of videogames.
The value of this acquisition deal is around £84.3 million.
Eidos and SCi Entertainment had merged in 2005 to form the entity which is now going to [...]
Ubisoft acquires Action Pants
France based videogame company Ubisoft has announced that they are now acquiring Canadian company Action Pants.
This deal would help the company establish a presence in the Western Canadian market.
A company representative spoke about this acquisition deal: “We have been looking closely at Vancouver for some time, as we wished [...]
NetPlay TV acquires Venturygames.co.uk and Toucanwin.com
British company NetPlay TV has announced that they are now acquiring web based gaming services Venturygames.co.uk and Toucanwin.com.
The deal is worth 1 million pounds. It has been conducted through a stock transfer.
NetPlay added in a statement that these services generate a monthly gross revenue of about 500,000 pounds.
It [...]
EA acquires J2MSoft in South Korea
US based videogame publisher EA continues to expand their presence in the Asian market.
The company has now acquired South Korean online game developer J2MSoft.
Jon Niermann, president of EA Asia spoke about this acquisition deal: “This is a significant step in EA’s strategic plan for developing and publishing online games [...]
Electronic Arts further extends their takeover offer for Take Two
Video game publisher Electronic Arts has announced that they are further extending their deadline on its $2 billion tender offer for Take-Two Interactive.
They are extending this offer for the third time as Take Two continues to reject the deal.
The offer is now valid till June 16.
The [...]
Proposal Represents 64 Percent Premium to Take-Two’s February 15th Closing Price and 63 Percent Premium to Take-Two’s Closing Price Over the Previous 30 Days
Electronic Arts Inc. (“EA”) (NASDAQ: ERTS) today announced that it has proposed to acquire Take-Two Interactive Software, Inc. (“Take-Two”) (NASDAQ: TTWO) in an all-cash merger valued at approximately $2.0 billion.
EA’s [...]
