Shanda Games raise USD 1 billion through IPO
China based videogame company Shanda Games is making headlines.
The company has managed to raise around 1 billion dollar through their initial public offering.
Shanda however managed to meet this target by offering more shares than analysts had expected.
The company is known for publishing games like The Legend of [...]

Zeebo to launch a videogame console for developing nations
Nintendo Wii, Microsoft Xbox 360 and Sony PlayStation 3 are the primary gaming consoles of this generation.
Zeebo wants to join them but it has a different targeted audience.
Instead of aiming for the American, European and Japanese market, it is designed for the gamers in [...]

Blizzard Entertainment, Inc. and NetEase.com, Inc. (NASDAQ:NTES) today announced an agreement to license Blizzard Entertainment®’s StarCraft® II, Warcraft® III: Reign of Chaos™, Warcraft III: The Frozen Throne™, and Battle.net® platform, which provides online multiplayer services for these games, to Shanghai EaseNet Network Technology Limited, an affiliated company of NetEase.com, Inc. Blizzard Entertainment and NetEase have [...]

Leading Global Publisher Takes the World’s Finest Duo from Comic Book Pages to Mobile Phones
Comic-Con International 2008
Today at the 2008 Comic-Con International, Glu Mobile Inc. (Nasdaq:GLUU), a leading global publisher of mobile games, unveiled SUPERMAN/BATMAN, a new game coming to mobile phones around the world this winter. SUPERMAN/BATMAN, developed and published by Glu through its [...]

EA to Acquire Assets of Hands-On Mobile Korea
Deal Will Strengthen the Presence of EA Mobile in Asia and Expand its Development and Publishing Teams as the Global Mobile Leader
Electronic Arts Inc. (NASDAQ:ERTS) today announced that it had agreed to acquire the assets of Hands-On Mobile Korea, a leading Korean mobile developer and publisher, [...]

Blu-Ray drive for Xbox 360? Microsoft still denies.
Chinese language Economic Daily News had recently reported that Pegatron has won an order from Microsoft to manufacture a variant of Xbox 360 with Blu-ray Disc ROM drive.
The report further claimed that the software giant is going to launch this version before the end of the year.
The latest [...]

Gamestar China being acquired by Disney
Walt Disney has announced that their gaming division is now acquiring china based company Gamestar.
This acquisition would help the US based entertainment giant to expand its presence in the growing Chinese videogame market.
Disney Interactive Studios would now be taking over the operations of Chinese company Gamestar.
The financial aspects of [...]

12 Foot Tall Portal Provides Common Access Point to CDC’s Games and Offers Virtual Merchandise for Sale
CDC Games, a business unit of CDC Corporation and pioneer of the “free-to-play, pay for merchandise” model for online games in China, announced today that its CDC Games USA business unit has launched 12 Foot Tall, a games [...]

Nintendo Calls Out China, Korea, Brazil, Hong Kong, Paraguay, Mexico
Nintendo of America Inc. has asked the U.S. Trade Representative to encourage specific governments around the world to take a more aggressive stance to combat piracy of Nintendo video games and systems. Nintendo filed its comments under a “Special 301″ process, in which the U.S. [...]

New Games, Special Force and Shaiya, Continue Strong Growth in China
CDC Games, a business unit of CDC Corporation and pioneer of the “free-to-play, pay for merchandise” model for online games in China, today announced key performance metrics for certain of its commercially available games in China.
Total registered users across all online games of [...]