Microsoft has acquired Nokia’s Devices and Services business in a $7.2 billion cash deal, GamesIndustry reports. The deal also gives Microsoft the right to license all of Nokia’s patents and mapping services. The deal includes €3.79 billion for “substantially all” of Nokia’s Devices and Services business and a further €1.65 billion to license patents. The […]
Gearbox Software president Randy Pitchford announced to a crowd of PAX Prime attendees today, that the firm is currently working on two new IPs for next-generation platforms. Pitchford didn’t release any details about the projects, but did say that Gearbox fans will be able to access a beta for one of the games through a […]
Microsoft has rebranded the Xbox Live Marketplace. The U.K. website shows it as the Xbox Games Store, while the U.S. website simply calls it Xbox Games. This rebranding brings the Marketplace in line with Microsoft’s other digital stores including the Xbox Video Store, Xbox Music Store and the Windows Store. An update was also released […]
Back in March, publisher Majesco Entertainment was warned it would be delisted from NASDAQ if it could not raise its stock value above $1.00 by August 29th. NASDAQ Listing Rule 5550, subsection A, article two requires trading companies to have a “minimum bid price of at least $1 per share.” Majesco’s share prices had been […]