RUMOUR: Apple console in the works

Parts of the internet went mental at the weekend after it was revealed that Apple boss Tim Cook had visited the offices of Steam owner Valve.

But talk of a possible acquisition was wide of the mark. However, Cult of Mac claims to have word on the true reason behind the visit – Apple is working on a games console.

Cult of Mac reckons that in conjunction with this project Apple is also working on an iTV product – an Apple branded HD TV that will integrate the company’s digital services and Siri voice commands.

It believes that the TV will ship with an Apple-branded, Kinect-likevideo game console” that will integrate motion and touch control.

However, where the story falls apart a little is on further claims that Valve is looking to team with Apple for its mysterious console project. Yep – that’s the one that was rubbished by Valve this morning.

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The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.