Tag Archives: acquisition

id acquisition worth $105m+

Maryland-based media empire Zenimax media had raised $105 million in debt financing to facilitate the acquisition of landmark Texan developer id.

 That’s according to an SEC filing, found here.

 The public filing itself did not disclose the total amount Zenimax put forward to acquire id, and it’s not known if …

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Warners Midway buyout gets the nod

The green light has been given to Warner Bros’ proposed buyout of troubled publisher Midway, with the closure of the deal expected within the next 10 days. Kotaku reports that the acquisition includes Midway’s sports and arcade brands as well as top IP Mortal Kombat and the not yet released …

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Microsoft acknowledges 3DV acquisition

Having reportedly been finalised as long ago as March, Microsoft has for the first time publicly acknowledged its acquisition of Israeli motion sensing technology firm 3DV. Speaking of Microsoft’s extensive R&D facilities in Israel, corporate VP Moshe Lichtman told Globes: Fourteen development projects are taking place at the centre today, …

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EA points to possible casual acquisitions

Publisher EA has heaped praise on the emerging business models being pioneered by the online casual games market, fuelling the fire in the bellies of those who still believe the company is on the hunt for a big casual acquisition. We’re in investment mode,” COO John Pleasants stated. We have …

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Chaney on the prowl for studios

Former Virgin Interactive and US Gold boss Tim Chaney has returned to the UK to set up a new online gaming platform. Zattikka will look to buy online games portals and studios after it opens for business on July 1st. The venture is Chaney’s first since he left Virgin Play …

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