Corporate mergers are limited to just insurance agencies and banks anymore. Industry website IGN, subsidiary of News Corporation, has been confirmed to have bought 1UP parent company UGO. The acquisition was revealed to be final in a TechCrunch interview with site President Roy Bahat, as were the company’s plans to spin UGO’s various assets into […]
Earlier on, Elder-Geek reported on another social game maker buyout between Social Gold payment system-maker Jambool and multi-industry titan Google. Jambool has since confirmed the acquisition, although the conjectured price of $55 million (plus another $15 million at deal’s closing) was neither confirmed nor denied, as no official price was disclosed by either entity.
The in-fashion accessory for multi-national companies this season is social game developers, if Disney’s acquisition of Playdom is any indication. A TechCrunch report states that Google is looking into the market, specifically at Jambool, the developer of the Social Gold payment system (which allows game creators to build payment options directly into the game build). […]