Items tagged with Acquisition
In what is now the latest state of the nation on the future of TikTok, President Trump has revealed on X(Twitter) that an anonymous group of "very wealthy people" is ready to buy TikTok, and he even expressed confidence that Chinese President Xi will likely approve this sale.
Could this be the long-awaited...
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In January, we reported on a potential TikTok acquisition involving TikTok star MrBeast and some unidentified billionaires. Although that acquisition never materialized, there is a new, last-minute intervention in the works designed to ensure the platform remains functioning in the US. Newly interested bidders...
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Niantic, the company behind popular mobile titles such as Pokémon Go and Monster Hunter Now, alongside several other games, will be selling off most of its gaming division for $3.5 billion. However, the company is opting to hold onto AR experiences Peridot and Ingress, which will be part of its new mission going...
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Tango Gameworks, one of several studios that Microsoft announced it would be shutting down earlier this year, has been picked up by South Korean game publisher Krafton and will continue to operate. The Hi-Fi Rush IP, which spawned one of the more popular titles of 2023 that would also go on to win several awards, is...
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The Embracer group continues to shed development studios, this time selling Gearbox Entertainment to Take-Two Interactive. Embracer Group originally acquired Gearbox Entertainment for $363 million with the possibility of the purchase being worth as much as $1.015 billion if Gearbox hit certain milestones. The current...
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Microsoft has been trying to close its $69 billion acquisition of Activision Blizzard for more than a year, and a recent court victory has moved the Xbox maker to within a hair's breadth of the goal line. The Federal Trade Commission failed to convince a court to block the deal, but the FTC has appealed the ruling...
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Activision-Blizzard CEO Bobby Kotick sends a message to UK regulators ahead of its provisional findings on the $69 billion Microsoft acquisition. Kotick believes opposing the deal would cause the UK to become a "Death Valley" for tech.
Microsoft's attempt to acquire Activision-Blizzard has been a road filled with...
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The Federal Trade Commission has voted to issue an administrative complaint against Microsoft Corp.'s acquisition of game developer Activision-Blizzard. The announcement follows Microsoft's agreement with Nintendo concerning the highly-popular Call of Duty franchise.
Just a mere two days ago, Xbox CEO Phil Spencer...
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In recent months the acquisition of Activision-Blizzard by Microsoft has come under significant scrutiny both from regulators and competitors. The claim is that if Microsoft gains controlling interest in the games developer they could have a near-monopoly in the gaming market, particularly in cloud space...
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Microsoft has been attempting to acquire one of gamings largest developers since the beginning of 2022, Activision-Blizzard. The company behind Diablo, Warcraft, Overwatch, Call of Duty, and many more titles. The price tag? About $68.7 Billion. However both the Competition & Market Authority (CMA) in the UK, and...
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NetEase, best known for its mobile gaming fortune, has acquired French developer-publisher Quantic Dream. This marks the Chinese company's first venture into the European market, as it looks to expand its reach worldwide.
Chinese internet and online gaming service provider NetEase announced today its acquisition of...
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It seems to be the era of gaming acquisitions as of late. Take-Two Interactive, the publisher behind a couple of games you just might have heard of, has decided to take a page from Microsoft's playbook in that regard. Take-Two has completed its acquisition of mobile developer and publisher Zynga.
Take-Two...
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What happens when you combine a major video game developer and publisher with an indie music platform? We do not know yet, but we are about to find out. It was recently announced that Epic Games is acquiring Bandcamp.
Bandcamp is an online record store and music community whose purpose is to allow music fans to...
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2020 has been a year marked by a few major tech acquisitions and AMD has recently jumped on this trend. AMD just announced that it will acquire Xilinx for $35 billion USD. This acquisition increases AMD’s total addressable market (TAM) to $110 billion.
Rumors about AMD’s acquisition of Xilinix had been swirling...
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If rumors are accurate, or if where there is smoke there is usually fire, we could be soon witnessing a major shakeup in the chip industry. Multiple mainstream business press outlets are reporting this evening that NVIDIA is making a serious run at Arm, which is owned by Japanese mega-corporate holding company...
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Microsoft has expressed interest in purchasing the Warner Bros. gaming unit, which is currently owned by AT&T. News of Microsoft's interest in buying the gaming unit comes from two people who claim to be familiar with its plans. Warner Bros. Interactive Entertainment, also known as WB Games, has been behind some very...
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AT&T is working on trimming its budget and this may include the sale of more recent acquisitions. It is rumored that AT&T plans to sell Warner Bros. Interactive Entertainment gaming division. The gaming division may sell for as much as $4 billion USD. Several gaming publishers have reportedly expressed interest in...
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Zoom is a video conferencing platform that has seen impressive growth during the coronavirus pandemic as it has been widely adopted by schools and businesses to support people working and learning from home. Zoom today announced the acquisition of Keybase, noting that this is part of its 90-day plan to strengthen the...
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A rumor is going around that Apple is set to purchase a virtual reality company called NextVR. NextVR is a company located in Orange County, California that has been working for the last decade on VR experiences in sports and entertainment. Apple is currently working hard to develop its first augmented reality (AR)...
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Updated: 6/4/2018 @ 9:22am
Microsoft has confirmed its acquisition of GitHub in a company blog post, and the deal is valued at $7.5 billion. “Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation,” said Microsoft CEO Satya...
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Is GitHub Microsoft’s next acquisition target? Microsoft officials have allegedly held talks to purchase the largest source code host in the world. The companies have spoken to each other before, but these most recent talks are purportedly more serious than past conversations.
Microsoft has toyed with the idea of...
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Yahoo can't seem to catch a break these days. At least one research firm predicts the company will report a double-digit decline in ad revenue when it reports earnings with the Securities and Exchange Commission. Coupled with the negative attention Yahoo has received over a massive security breach and the revelation...
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