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- Why Social Gaming Is Ripe For A Major Acquisition
- Reports have been flying around about Electronic Arts (NSDQ: ERTS) potentially buying hot social-gaming company Playfish—with sources telling Inside Social Games that the deal may have closed “a few weeks ago”, and GamesIndustry.biz reporting that it was worth $250 million. EA’s response to us: “We don’t comment on rumors...
- External links 2009-10-15
- Confirmed: Playdom Raises $43 Million In Part For Acquisitions
- Playdom, the social gaming startup behind uber popular titles like Mobsters and Social Life, has raised $43 million in its first round of funding, we have confirmed. In a statement, the company says it will use the cash to fund acquisitions and expand its pipeline of games.The deal comes...
- External links 2009-11-11
- Playdom's Big Round Fuels First Two Acquisitions: iPhone, Facebook Game Developers
- Fresh off a $43 million first round of funding, comes news that social gamer Playdom has made its first two acquisitions: Facebook game developer Green Patch and iPhone game developer Trippert Labs. Financial terms were not disclosed. Founded by David King, Green Patch launched in 2008. Its first game...
- External links 2009-11-12
- Zynga Accuses Playdom Of Stealing Trade Secrets, Gets Restraining Order
- The legal drama between social gaming rivals Zynga and Playdom moved from claims of misleading ads to accusations of trade secret theft and a temporary restraining order. Zynga sued Playdom in June over supposedly misleading ads. The new suit, reported first by first by TechCrunch, accuses Playdom of stealing...
- External links 2009-09-11
Additional Resources
- Zynga's Gaming Gamble
- In late September a sizzling San Francisco Web gaming company called Zynga took the cloak off its latest creation: an online game that lets people open virtual restaurants on their Facebook pages. Competitors vie for points by tending to pseudo-stoves and cranking out orders of cheeseburgers and chunky fruit salads...
- News items 2009-10-29
- Industry Moves: Gamestop Appoints Petrovic as Digital Head; Big M&A Budget and Mandate
- Gamestop, the offline games retail giant, is finally moving into digital in a much bigger way: just last week it announced the launch of an online casual games store, and now, it has appointed Chris Petrovic, former head of mobile at Playboy (NYSE: PLA), as its new GM of...
- External links 2009-08-05
- Industry Moves: EA's Louis Castle Leaves To Head Up Gaming At IAC
- Looks like Electronic Arts (NSDQ: ERTS) can't stop the exodus of senior talent ... gaming vet Louis Castle has left to head up InstantAction, the online gaming unit of IAC (NSDQ: IACI). Castle is replacing CEO Josh Williams, who will move into the role of chief technologist. Castle will...
- External links 2009-08-10
- Tech Law: Gamer Sues Bungie, DOJ Eyes MicroHoo, K-Mart/Sears Spyware, More
- A look at highlights of the past week in the high tech legal world: courts, regulation, and lawsuits, including: gamer sues Bungie over Halo 3 bugs; DOJ to look closely at Microsoft-Yahoo deal; Microsoft escapes patent infringement fine -- for now; FTC gets consent decree over K-Mart and Sears spyware...
- Blog posts 2009-09-18
- paidContent Quick Hits: 10.14.09
- » Will EA buy social gaming companies Zynga or Playdom? [Inside Social Games]» Sales of virtual goods from videogames are forecast to clear $1 billion in revenues this year. [VentureBeat]» Over a two-year period, the number of internet users who click on display ads has dropped by half, to...
- External links 2009-10-14
- EA buys social gaming firm Playfish for up to USD400m
- US games firm Electronic Arts is buying social gaming firm Playfish for as much as USD400m in the first major deal in the rapidly expanding social gaming space. EA will hope to make significant revenues from advertising and selling virtual goods to Playfish’s more than 60m users, who play...
- Articles 2009-11-08
- The Scorecard: Who Wins & Loses With EA's $400M Playfish Buy
- Social games — a subset of the gaming industry that offers simple games that run across various social networks — today received what is the equivalent of a Good Housekeeping seal of approval from Electronic Arts, the $4.2 billion-a-year gaming giant. EA today snapped up Playfish, a London-based company which...
- News items 2009-11-09
- Playdom raises $43 M for social gaming
- News items 2009-11-11
- Playdom acquires two developers to break into Facebook and iPhone games
- News items 2009-11-12
- Chegg Raises $57 Million For Online Textbook Rental Service
- Looks like VCs are really loosening their wallets. College textbook rental service Chegg says it has raised $57 million in a fourth round of funding. It’s the latest company to pull in a big round this month; RockYou, Motley Fool, and Playdom have all raised $25 million-plus rounds over...
- External links 2009-11-19
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