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China's The9 Acquires Majority of Red 5 Studios for $20M
Shanghai - The9 (NASD: NCTY), a developer and operator of multiplayer
online games in China,
announced on Monday that it has acquired a majority stake in U.S.-based
developer...
In-Game Ad Network Double Fusion Gets Funding, Replaces CEO
San Francisco
- Double Fusion, the provider of an in-game advertising network, has raised an
undisclosed amount of new funding from Jerusalem Venture Partners, and also
replaced...
Nintendo Pushing DS as Educational Tool in Schools
London
- Nintendo plans to market its Nintendo DS handheld game system as an educational
and teaching tool in Japanese schools this year, legendary game designer
Shigeru...
President of Chinese Games Firm The9 to Step Down
Shanghai - Chinese online game developer and operator The9
announced on Friday that company president Xiaowei Chen will not renew her
contract, which expires on May...
LucidLogix Raises $8 Million for Game Graphics Chips
Santa Clara,
Calif. - LucidLogix Technologies,
an Israeli developer of processors designed to improve visual computing in
business and gaming applications, said on Wednesday that it has...
Playdom Invests $5 Million in Argentina's MetroGames
San Francisco - Playdom, a
publisher of social games that recently raised $43 million in financing, has
invested $5 million in the first round of funding...
World Golf Tour Lands $10 Million for Online Game
San Francisco
- World Golf Tour, the operator of an online golf game, has raised $10 million
in its third round of funding, led by JAFCO...
Universal Music Releases "Six-String" iPhone Game
Los Angeles
- Major record label Universal Music Group on Tuesday introduced its own
guitar-simulation game application for Apple's iPhone. "Six-String"
challenges users to pluck, strum and...
Report: Yahoo to Buy Mobile App, Game Developer Citizen Sports
Sunnyvale,
Calif. - Looking to further
bolster its strong sports content business, Yahoo (NASD: YHOO) is expected to acquire
Citizen Sports, a developer of sports apps and games...
Gaikai Lands Investment for Cloud-based Game Service
Aliso Viejo,
Calif. - Gaikai, the developer of
a cloud-based online games service, has raised new financing from Triplepoint
Capital to lease a network of servers for...
