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Report: Online Games in Korea to Generate $2 Billion in 2011
San Francisco - Online games are expected to generate revenues
in excess of $2 billion next year in Korea, which boasts an 80% Internet and...
Reports: Apple in Talks to Buy Chinese Game Developer
Cupertino, Calif. - Apple (NASD: AAPL) is in talks to acquire Chinese
online game developer Handseeing, an executive with the company told Reuters.
"We should have a...
Social Games Firm Zynga Acquires Japanese Developer Unoh
San Francisco - Social games publisher Zynga announced on
Friday that it has acquired Tokyo-based Unoh, also a developer of social games.
Financial terms of the...
German Online Game Publisher Gameforge Acquires Frogster
Karlsruhe, Germany - German online game publisher Gameforge
said on Wednesday that it will purchase 60% of the shares of fellow game
publisher Frogster Interactive Pictures.
...
Blizzard's "StarCraft II" Sells 1.5 Million Units in 48 Hours
Irvine, Calif. - Blizzard Entertainment, a unit of Vivendi's
Activision Blizzard (NASD: ATVI) game publishing unit, said on Tuesday that its
"StarCraft II: Wings of Liberty" sold...
Ubisoft Taps Virgin Games for Multiplayer Tournaments
Los Angeles - French video game publisher Ubisoft has
partnered with Sir Richard Branson's Virgin Gaming, which will power
multiplayer tournaments for select Ubisoft PC and...
Viacom Sells Xfire Web Gamer Community to Titan Gaming
New York - Viacom (NYSE: VIA) has sold its Xfire online gamer community
unit, which it acquired in 2006 for $102 million, to Titan Gaming.
Financial
terms of...
China's UltiZen Nabs $8M for Game Development, Outsourcing
Shanghai - UltiZen Games, a China-based provider of video game development outsourcing services, has raised $8 million in its third round
of funding.
JAFCO Asia led...
Nintendo Posts Loss on Stronger Yen, Lower DS Sales
Tokyo - Nintendo reported a net loss of about $289 million
for its fiscal first quarter, compared to a profit of $487 million in the...
Social Games Firm Zynga, Softbank Form Joint Venture in Japan
San Francisco - Social games publisher Zynga announced on
Thursday that it has formed a joint venture with Japan's Softbank to accelerate
development of the social...
