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Posts tagged “BUSINESS TIME”

Just Cause & Rage 2 devs Avalanche bought out by the world’s oldest movie company

There we were, being all surprised that Just Cause/Mad Max outfit Avalanche Studios had been handed the reins to Id sequel Rage 2, and now here we are, being all surprised that Avalanche are now owned by a 111-year-old Danish movie studio. Nordisk Film, the world's oldest still-active film production firm, have doled out some $103 million to take control of Avalanche's three offices, but…

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Ubisoft buy back shares to halt Vivendi’s hostile takeover

The Ubisoft versus Vivendi financial war has been surprisingly fascinating to watch, not least because it’s one of the few instances where the huge French publisher could be considered the underdog. Vivendi have been seemingly preparing for a takeover for some time, but recent developments make it look like Ubisoft might be able to stave of the potential acquisition.

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Rumour: Vivendi making another play to acquire Ubisoft

Vivendi, former parent company of Activision and Blizzard, have been trying to snaffle up fellow French firm Ubisoft for several years now, against the latter's own wishes. That's what they call a hostile takeover, kids. And now they've signalled that they're making a move to acquire the whole kit and kaboodle this year.

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Activision Buys Candy Crash Firm King.Com For $5.9Bn

That is... quite a lot of money. $1.9 billion more than Disney paid for Star Wars. $3.4 billion more than Microsoft paid for Minecraft. $3.9 billion more than Facebook paid for Oculus. $5.15 billion more than EA paid for PopCap. Hell, even if you just succumb to temptation and round the $5.9 billion (or approximately £3.8 billion/€5.4 billion) Activision Blizzard just paid to acquire King.com…

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Live$treaming: Amazon Buying Twitch For $970 Million

Hey gang! Remember those rumours that Google planned to buy Twitch for a cool billion dollars? That's not happening. The livestreaming service has been up for sale, though. Amazon announced yesterday that, all things going well, they'll buy Twitch for $970 million in cash money. Being owned by Amazon is good for us users, Twitch say, because they'll have the support to do new stuff…

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Microsoft Has A New Boss, Tragically Not Called Mike O’Soft

First there was the nerdly Gates, then there was the terrifying Ballmer, and now there is Satya Nadella. What will be the brand new CEO of Microsoft's 'thing?' Perhaps he'll present keynotes dressed in a lion-themed onesie. Perhaps he'll have the Windows Vista logo branded onto his chin in order that the company never forgets its past mistakes. Perhaps he'll cry softly throughout board meetings.…

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Epic’s Turning Chinese I Really Think So

With the Western gaming industry, or at least the traditional boxed product aspect of it, currently in the doldrums (just ask Max Payne) many eyes have turned Eastwards. Huge audiences, huge development manpower, increasingly huge piles of cash, both real and potential. China especially is slowly moving into (and being moved into for) games, despite having a mainland ban of sorts on consoles, and the…

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Direct2Drive Sells Out

There is Steam, and then there is Direct2Drive, the IGN-owned PC game download service. It perhaps doesn't get mentioned here as often as does its esteemed rival, despite it having been on scene almost as long and having had a big old slice of the market. I guess it just doesn't seem to reflect the strange and rapid evolution of PC gaming in quite the…

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