Archive for the ‘Companies & M&A’ Category

D.I.C.E: The Credit Crunch is a Blessing according to EA

February 21st, 2009 by Arjan Olsder Posted in Companies & M&A | 2 Comments »

At D.I.C.E., EA's CEO John Riccitiello has outed that the current credit crunch is a true blessing for the games industry. He also explained how game publishers and developer can survive in these tough times.

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Square Enix Receives Warner’s Blessings for Eidos Acquisition

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

Last week, we reported that Square Enix is interested in acquiring SCI/Eidos. Today, we can inform you that one of Eidos' biggest shareholders, Time Warner, has given Square Enix the green light for the acquisition.

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Midway Files for Chapter 11

February 15th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Though Midway had just been sold a few months back and recently announced their iPhone games, the (mobile) games publisher has filed for Chapter 11 Bankruptcy Protection late last week.

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Square Enix to Acquire Eidos?

February 12th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

For many gamers, their wildest dreams might come true after all. Yes, Square Enix has made an offer to acquire SCI/Eidos. We can't wait till Final Tomb Raider Fantasy I hits the stores.

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SEGA Slims Down

February 11th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Following statements from fellow game developers, SEGA Sammy Holdings has announced that the company will be shrinking in order to survive the ongoing credit crunch which is hitting the industry.

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Glu’s Q4 Earnings Call

February 11th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Glu seems to be committed to launching many more mobile games focused at various smartphone platforms. The company will devote 30 to 40% of it's development time at it.

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Financials: Glu

February 11th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

In their latest quarterly earnings report, Glu has revealed that the company had a consolidated revenue of $21.6 million, an increase of 19% compared to $18.1 million in the fourth quarter of 2007.

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Handmark to Acquire Freerange

February 9th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

In order to increase their porting and distribution speed, Handmark has announced that it will acquire Freerange Communications somewhere along the next few weeks.

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ARM Invests in Ideaworks3D

February 9th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Around the industry, we all know that 3D games are expensive to produce, hard to port and so, hard to make real money with. Yet companies like Ideaworks3D and Fishlabs keep fighting to stay in the market. Ideaworks3D seems to be succeeding by attracting their latest investor, ARM.

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Eidos and Gimme5games (Morpheme) Split

February 9th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

In their efforts to become profitable again, Eidos and Matt Spell announced that Matt is buying back ownership over the Gemme5games company (formerly known as Morpheme).