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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...

Disney Buys Social Games Publisher Playdom for Up to $763.2M

Burbank, Calif. - The Walt Disney Company (NYSE:  DIS) announced on Tuesday that it has acquired Playdom, a publisher of online social games, in a deal...

GameStop to Acquire Online Games Publisher Kongregate

Grapevine, Texas - Video game retail store chain GameStop announced on Tuesday that it will acquire online game publisher Kongregate. Financial terms of the transaction were...

China's Perfect World Backs Local Movie, TV Production Firms

Beijing - Perfect World, a publisher and operator of online games in China, announced on Monday that it acquired majority stakes in two local film and...

Mobile, Online Game Developer Zattikka Lands $5.5 Million

London - Zattikka, a developer of mobile and online games, has raised $5.5 million in its first round of financing, led by Notion Capital. Other participants...

RockYou Inks Exclusive Deal to Use Facebook Credits

Los Angeles - Social games and applications developer RockYou has signed a five-year deal to exclusively use Facebook Credits as its virtual currency, TechCrunch reported. Fellow...

Square Enix Names U.S. CEO, Plans Digital Manga Store

Los Angeles - Japanese video game publisher Square Enix on Thursday announced plans to launch a digital manga store in North America and France this fall....

Report: PC Game Download Sales Near Parity With In-Store Sales

Port Washington, N.Y. - Sales of PC games via digital download are approaching parity with physical copies of the games sold in retail stores, according to...