Anonymous sources close to Fortune have reported the cloud gaming streaming service Gaikai is seeking to sell the company for around $500 million. Between successful funding from firms like Benchmark Capital (which recently helped Journey-makers thatgamecompany go multiplatform) and partnerships like their recently announced deal with Samsung, Gaikai has raised a reported $45 million, but […]
After a rumor of an Electronic Arts buyout by South Korean free-to-play publisher Nexon began circulating early this morning (via Bloomberg video report), shares in EA spiked $1.22 (8.1%). Coming up from a year-long low, Electronic Arts evened out at $16.23 after closing bell.
Machinegames joins Arkane Studios, Tango Gameworks, id Software, and of course Bethesda Softworks as yet another studio brought under the Zenimax umbrella. Formed by veterans of Chronicles of Riddick: Escape from Butcher Bay developer Starbreeze Studios, the Swedish studio was formed just last year. The buyout was confirmed via Swedish business records unearthed after rumors […]
Linden Labs, the creators of the leading virtual community of Second Life, have reported that they have been “entertaining” buyout offers from Microsoft. TechEye has reported on a supposed twitter message from a Linden Labs employee stating that “A little birdie told me that Microsoft may have silently offered to buy Linden Lab this week…entertaining […]