Archive for the ‘Companies & M&A’ Category

Grey Area Secures €1.9m in Funding

March 9th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

Late last month, location based gaming studio Grey Area closed a series A funding round securing €1.9 million. The funding in this round came from Index Ventures, London Venture Partners and Initial Capital.

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Mr. Goodliving to Close Down

February 15th, 2011 by Arjan Olsder Posted in Companies & M&A, People | No Comments »

Twitter is a great medium for short messages. This afternoon we received a tweet with just a URL and that one URL says it all. Mr. Goodliving is closing down and many of it’s staff is looking for a new job.

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GetJar Secures $25 Million Investment

February 15th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

In a third round of financing, Get Jar has secured $25 million in capital. Though the company is running open app stores for multiple OS environments, the money will mainly be used for a push into Android.

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Activision to Acquire Take Two Interactive!?

February 13th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

If rumours are right, Take Two might get to be acquired by market leader Activision. The acquisition would bring the successful Rockstar Games label under Activision’s control.

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Nokia’s Shares Sink 13.28%

February 11th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

Nokia had a lot of news today as the company is not only cooperating with Microsoft on Windows Phone 7, but it it also splitting up in two business units. Investors responded to the news.

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The Future for Nokia’s Smartphone Business

February 11th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

Nokia will be split up in new business units in order to leverage the overall performance of the company. The main unit will be Smart Devices led by Jo Harlow.

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THQ Sells THQ Wireless

February 9th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

THQ has made a rather remarkable transaction by selling off THQ Wireless to 24MAS as THQ also noted that it will remain publishing mobile games on the more successful platforms.

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HTC Invests $40 Million in OnLive

February 9th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

HTC has bought 5.33 million shares prized $7,50 in OnLive, the cloud based gaming service. It is likely HTC made the investment to increase the quality of games that can be played on it’s handsets.

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Motricity to Acquire Adenyo

February 1st, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

It seems Motricity is increasing its grip on the mobile advertising market as the firm acquires ad specialist Adenyo for a massive $100 million in cash and shares as well as a $50 million earn-out.

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Zynga to Acquire Whereoscope

February 1st, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

Zynga is about to swallow yet another company. This time they are swallowing Wheroscope, a startup focused at helping parents find back their kids. Why would they pick this?