The game makers at Owlient have become Ubisoft’s fourth major acquisition in the free-to-play market, after Massive Entertainment (November 2008), Nadeo (October 2009) and Quazal (November 2010). The 40-member strong studio is renowned for its quick ascension through the ranks of online community management, its Howrse brand currently responsible for 2 million active monthly users […]
EA issued a press release earlier today, stating that the publisher is looking to acquire Plants vs. Zombies and Bejeweled developer Popcap for a total of $750 million. The deal will be financed with $650 million in cash, and an additional $100 million in EA shares, to be issued to ‘certain Popcap shareholders.’ The deal […]
Edit: Thanks to raindog469 for the correction! Gamefly has confirmed a rumor we reported on last Friday, that the game rentals by mail service is indeed buying the digital download hub Direct2Drive from current owner IGN. According to a press statement, the deal will give IGN a minority stake in Gamefly, though the website plans […]
Microsoft has made it official that they have acquired Skype, the 600-million strong cross-platform chat service, for a whopping $8.5 billion. The strategy, deemed awkward by investors seeing only $1 billion/year in revenue for Skype, is a likely step towards Microsoft integrating the service into its various mobile platforms and console services. The high price […]