LONDON, UK– February 22, 2022 – Improbable – the British technology company creating the critical infrastructure to power the coming age of virtual worlds and the metaverse – announced today it has sold the entirety of its stake in its development studio Inflexion Games to Tencent. The details of the agreement are undisclosed. The sale operation supports Improbable’s strategy, unveiled earlier this year, aimed at accelerating on Metaverse activities and refocusing the company’s content strategy.
Continue reading Improbable announces the sale of Inflexion Games studio to TencentCategory: Investment
NetEase Games Announces Strategic Investment in Behaviour Interactive
GUANGZHOU, China / MONTREAL, Canada – July 15, 2019 – NetEase Games, the online games division of NetEase, Inc. (NASDAQ: NTES), one of China’s leading internet and online game services providers, today announced that it has acquired a strategic minority stake in Behaviour Interactive Inc. (“Behaviour”), Canada’s largest independent video game developer.
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NANTWORKS MAKES STRATEGIC INVESTMENT IN DAYBREAK GAME COMPANY AND ESTABLISHES VIDEO GAME PUBLISHING JOINT VENTURE, NANTG MOBILE
NantG Mobile to Co-Develop Next Generation Game Publishing Platform
LA Times Center and NantG Mobile to Establish E-Sports Leagues Across Multiple Games Beginning with Z1 Battle Royale, the Revitalized H1Z1 Battle Royale Game
Los Angeles – Sept. 6, 2018 – NantWorks, a diversified holding company, today announced that it has made a strategic investment in Daybreak Game Company, a leading developer and publisher of multiplayer online games. In connection with the investment, NantWorks has obtained a controlling interest in a new joint venture with Daybreak, NantG Mobile, LLC, which has been formed to develop and publish mobile versions of Daybreak’s current games – H1Z1 and EverQuest – and to build and publish video games across all platforms. In addition, the JV will now assume control and management of the current PC H1Z1 Battle Royale game. Dr. Patrick Soon-Shiong, CEO and Chairman of NantWorks and Owner and Executive Chairman of the Los Angeles Times, will join Daybreak’s board of directors.
Super League Gaming Clinches $5 Million Series C Investment from aXiomatic and Toba Capital, Total Funding to Date of $20 Million
SANTA MONICA, Calif. – Oct. 26, 2016 – Super League Gaming, the Santa Monica-based company that gives gamers the opportunity to enjoy the games they love on big screens in movie theaters across the country, today announced that it has received $5 million in funding from Toba Capital and aXiomatic, a premier eSports entity backed by professional sports and media leaders. Super League Gaming previously received investments from a SoftBank-managed fund, Cinemark USA, Inc., and Quadrant Management. Continue reading Super League Gaming Clinches $5 Million Series C Investment from aXiomatic and Toba Capital, Total Funding to Date of $20 Million
ANOTO GROUP TO ACQUIRE LIVESCRIBE INC.
Smartpen Maker to Operate as Wholly-Owned Subsidiary and Complement Anoto’s Vision for Multi-surface Digital Writing and Drawing
Lund, Sweden & Oakland, Calif. – November 6, 2015 – Anoto Group AB today announced an agreement to acquire Livescribe Inc. Livescribe will be fully integrated with Anoto as a wholly-owned subsidiary, with the deal expected to close later this month. Continue reading ANOTO GROUP TO ACQUIRE LIVESCRIBE INC.
NetEase Invests $2.5 Million in Reforged Studios
Chinese Tech Giant Expands Western Game Development Portfolio with Strategic Investment in Finnish Startup
BRISBANE, Calif. — October 27, 2015 — NetEase, Inc. (NASDAQ: NTES) today announced that its NetEase Capital Venture arm has made a $2.5 million investment into Reforged Studios, a privately held game studio based in Helsinki. The capital will be used to provide the studio’s veteran team with production resources to accelerate and enhance both new and existing development projects both existing and new, as well as drive recruitment of the Nordic region’s brightest talent.
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