Archive for the ‘Companies & M&A’ Category

THQ Restructures

June 24th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Following the move to limit wireless development to the iPhone platform, THQ has announced to reorganize their total company structure in a way similar to that of EA.

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GlobalFun Restructures – UPDATED

June 23rd, 2009 by Arjan Olsder Posted in Companies & M&A | 1 Comment »

GlobalFun has announced their restructuring plans. The company will focus more on the publishing side of mobile games instead of actually developing them themselves.

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KongZhong Acquires Simlife

June 22nd, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

KongZhong Corporation announced that it is to acquire the entire issued share capital of Simlife International, Inc. Upon the closing of the acquisition, Simlife would become a wholly-owned subsidiary of KongZhong.

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IGT Acquires Million-2-1, Restructures

June 22nd, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Following a strategic relationship of about two years between both companies, IGT has announced that it acquired Million-2-1. As a result, IGT announced restructuring plans as well.

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Intentium Forms Subsidiary for Mobile and Console Gaming

June 17th, 2009 by Arjan Olsder Posted in Companies & M&A | 1 Comment »

Intentium has announced that the company will invest more in mobile and console games. It has created a new subsidiary company called Intentium Console GmbH to fulfil this task.

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Glu’s Stock Climbing Fast, but Why?

June 17th, 2009 by Arjan Olsder Posted in Companies & M&A | 2 Comments »

Over the past few days, Glu's (GLUU) value has started to climb up again. Since June 12th, the company's shares even passed the $1 line. What is triggering this sudden climb from $0.89 five days ago to $1.5999 at the time of writing?

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Zed Acquires Temafon

June 3rd, 2009 by Arjan Olsder Posted in Companies & M&A | 4 Comments »

Zed seems to be on a more aggressive acquisition path then expected. Nearly 2 months after their acquisition of Player X, the company now bought their second Russian company; Temafon.

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Warner Bids for Midway

May 25th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Good news for Midway today as Warner Bros showed interest in the company. It is offering $ 33 million to acquire various brands, studios and other assets.

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One Net Entertainment Raises $ 20 Million

May 19th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

China Techfaith Wireless Communication Technology Limited has announced that it has raised $ 20 million for their One Net Entertainment mobile gaming company.

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Twistbox Resumes Payments, Developers Optimistic

May 15th, 2009 by Arjan Olsder Posted in Companies & M&A | 1 Comment »

A couple of weeks back we put online our discussion with Twistbox about the rumors of payment problems. Following some communication with them, we noticed that they sent out a payment plan toward their suppliers.