Tag Archives: buyout

If you’re looking to invest in games, now’s the time. That’s according to a new report from technology analyst Digi-Capital, which states that investments in the industry have almost halved in value (down by 48 per cent) during the first half of 2015 compared to 2014. This follows 2014’s own …

Markus ‘Notch’ Persson is unlikely to stay at Mojang once Microsoft’s acquisition of the Minecraft developer is completed, reports suggest. Bloomberg says that Persson reached out to Microsoft a few months ago, based on a positive working relationship on Minecraft for Xbox” in an effort to close the estimated $2bn …

Rumours regarding a potential buyout of Take-Two by fellow publisher Activision had the former’s stock soaring at the conclusion of last week. Benzinga reports Take-Two shares were up 4.14 per cent at the end of Friday. Activision’s stock rose .21 per cent as well. The spur was brought on by …

Previous reports that Google was on the verge of buying Twitch were true, a new report has claimed. It was last month said that Google had committed itself to a $1bn buyout of the video streaming service. However, it was confirmed last night that Amazon has acquired the company for …

Vivendi executives considered firing Activision Blizzard CEO Bobby Kotick during last year’s buyout deal, according to a new report. An exclusive on Bloomberg claims to have obtained multiple emails in which Vivendi’s board discussed the move to dismiss Kotick. The emails are part of a court filing from last month …

NeoGAF owner Tyler Malka has revealed he has recently declined $5m and subsequent $10m buyout offers for the long-established gaming-focused internet forum. VG247 reports Malka revealed to the site in an interview earlier this month that he had rejected offers of up to $5m. A recent post on a NeoGAF …

Galaxy on Fire developer to be terminated and all employees transferred

US investor Carl Icahn is no longer involved with Take-Two after the publisher bought out the outspoken exec’s share interest. Take-Two acquired all of Icahn’s stocks at yesterday’s $16.93 closing price, representing a transaction worth a total of $203.5m. As per previous agreements, as a result of the buyout all …

According to reports Apple is in the final stages of buying PrimeSense for $345m. Some publicationsare already reporting that the acquisition has taken place while many others believe talks are still ongoing. PrimeSense was the original supplier for Microsoft’s Kinect, which incorporated cameras and depth sensors so players can control …

Activision Blizzard has announced it expects to complete its stock buyout from Vivendi next week. The Delaware Supreme Court lifted the injunction regarding the transaction, just a few weeks after shareholders attempted to block it by seeking the preliminary court order – in addition to filing individual lawsuits against the …