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Accel backs another games developer

California-based venture capital firm Accel Partners, which has its UK base in London, has led a first round of fundraising into German mobile gaming company flaregames.

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Microsoft buys to build Xbox

Global computing business Microsoft has acquired California-based VideoSurf, a move which will see new technology integrated into its Xbox entertainment system.

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Havok acquires tech partner

US-based interactive software business Havok has acquired Trinigy, a 3D game engine provider as it builds its rendering capabilities.

News

Sucker Punch acquired by Sony

Entertainment giant Sony has made a purchase through its subsidiary Sony Computer Entertainment for a computer game developer.

News

Spark’s partial exit values Mind Candy at $200 million

Venture capital firm Spark Ventures has cashed in half of its equity holding in fast-growing internet gaming company Mind Candy, the developer of Moshi Monsters, valuing the London start-up at $200 million (£125 million).

News

Social gamer wooga secures $24 million

Highland Capital Partners has led a $24 million (£14.5 million) Series B investment round for online social games company wooga.

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EA acquires Playfish

California-based computer game company Electronic Arts (EA) has acquired Playfish, a developer of social network games, for up to $400 million (£240 million).

News

Playfish snapped up by Electronic Arts

Venture capital firms Accel Partners and Index Ventures have exited social network games company Playfish.

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Game on for Phonetic Arts

Phonetic Arts has secured first-round funding from VC fund IQ Capital and several prominent business angels, including games industry veteran David Braben and speech technology expert Professor Steve Young.

News

Bigpoint in €70 million buy-out

Multiplayer online games developer Bigpoint is set to be acquired by two private equity funds.

News

Taxman could hit virtual worlds

Online gamers who participate in virtual worlds such as Second Life could find themselves hit by unexpected tax bills, according to Mark Simpson, director at chartered accountants Simpson Burgess Nash.

News

Ingenious invests £7.76 million

Ingenious Media Active Capital (IMAC) has completed an investment of up to £7.76 million to take a significant equity stake in the pioneering video games company, In2Games. This is the eighth investment that IMAC has made since its IPO in April 2006.

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