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Nintendo Reports 18% Drop in Profits as Wii Sales Slow

Tokyo - As sales of its Wii console slowed, Nintendo reported an 18% decline in profits for its fiscal year ended March 31, citing in part...

ActiveVideo Acquires TV Games Firm TAG Networks

San Jose, Calif. - ActiveVideo Networks, a provider of cloud-based interactive TV technology, announced on Wednesday that it has acquired TAG Networks, the developer of a TV-based...

Korean Game Publisher Nexon Acquires Developer NDOORS

Seoul, Korea - Nexon, a Korea-based online game publisher, has acquired a 67% controlling interest in Korean game developer NDOORS, VentureBeat reports. Nexon operates massively multiplayer online...

Digital River Acquires In-Game Commerce Firm Fatfoogoo

Minneapolis - Digital River (NASD: DRIV), a provider of e-commerce services for game publishers and gadget makers, announced on Wednesday its acquisition of Fatfoogoo, a European provider...

RealGames Becomes GameHouse, Debuts Social Platform

San Francisco - RealNetworks (NASD: RNWK) announced on Tuesday that it has renamed its RealGames unit as GameHouse, and launched a new social gaming platform, GameHouse Fusion....

Nintendo to Bundle "Wii Sports Resort" With Wii Purchases

Redmond, Wash. - Nintendo of America announced on Monday that it will begin bundling its popular "Wii Sports Resort" game and accompanying Wii MotionPlus accessory in its...

Sony Offers Extended Warranties on PlayStation 3, PSP

Foster City, Calif. - Sony (NYSE: SNE) Computer Entertainment America on Monday launched the PlayStation Protection Plan, a service offer for PlayStation 3 and PSP owners that extends...

Mobile Game Publisher Moblyng Raises $2.65 Million

Redwood City, Calif. - Moblyng, a publisher of games for mobile devices, has raised $2.65 million in new financing, from previous backers Mohr Davidow Ventures and Deep...

Activision Inks 10-Year Publishing Deal for New Bungie Franchise

Santa Monica, Calif. - Video game publisher Activision (NASD:  ATVI), a unit of Vivendi, announced on Thursday a ten-year worldwide partnership with Bungie, the Kirkland, Wash.-based studio behind...

Yahoo Japan Teams With DeNA on Social Games Portal

Sunnyvale, Calif. - Yahoo Japan on Tuesday announced a partnership with mobile social network DeNA, to create a PC-based social game platform called Yahoo Mobage. Slated to...