Microsoft isn’t only interested in acquiring game developer studios, it seems the company is also looking at gaming-adjacent services for acquisitions too. This week, reports claim that Microsoft is currently in talks to buy Discord – potentially for more money than it spent on acquiring Bethesda. According to VentureBeat, Discord …
Read More »Embracer Group buys Little Nightmares developer Tarsier Studios for £8.1m
Embracer Group, the Swedish holding company that owns THQ Nordic, Koch Media and Coffee Stain, has acquired the developers of Little Nightmares, Tarsier Studios, for a total of £8.1m/€9.5m/$10.5m, divided in cash (88.9%) and Embracer B-shares (11.1%). This acquisition includes the studio, its 65 employees, and the IPs that it owns. …
Read More »Sunrise Records saves 100 HMV stores in the retailer’s second buyout
At the end of last year, history repeated itself as HMV fell into administration for a second time in five years, putting thousands of jobs on the line. Narrowly escaping closure once more, it seems as though the UK retailer has found another buyer but not all stores will be …
Read More »Disney accepts the EU’s condition of approval for Fox acquisition
Disney’s buyout of Fox’s entertainment division was approved by the US Department of Justice in July, under the condition that it offloads the 22 Sports Regional Networks within 90 days of the acquisition. Disney has now secured approval from the European Commission, however the firm will have to sacrifice even …
Read More »As Qualcomm raises its NXP offer, Broadcom slashes $4 billion off of its Qualcomm buyout deal
For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion. On both occasions, Qualcomm declined, which led to Broadcom announcing a hostile takeover strategy, which hinges on swaying shareholders at Qualcomm’s next shareholder meeting. …
Read More »Broadcom to move forward with hostile takeover after Qualcomm rejects final buyout offer
For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion last week. On both occasions, Qualcomm declined, so now Broadcom appears to be moving forward with a hostile takeover strategy. In order to take …
Read More »Qualcomm rejects Broadcom’s ‘final’ takeover offer
Back in November, Qualcomm found itself in the sights of Broadcom, receiving a massive $130 billion takeover offer. At the time, Qualcomm rejected the bid, stating that the amount offered did not truly represent the value of the company. Rumors of a hostile takeover brewed in the months that followed, …
Read More »Broadcom offers Qualcomm more money, breaking records with $145 billion bid
Broadcom has been aggressively pushing to buy out its rival, Qualcomm for quite some time. Despite hopes of its newfound partnership with Samsung quelling hostile takeover bids, it seems that Qualcomm is far from in the clear as Broadcom is upping its offer from $130 billion to a record breaking …
Read More »Qualcomm has rejected Broadcom’s $100B+ buyout bid
Earlier this month we learned that rival chip maker, Broadcom, would be making a $130 billion bid for Qualcomm. The deal would merge the two companies, creating the third largest chip maker in the world. However, it seems that Qualcomm is not interested in selling, with reports this week saying …
Read More »Broadcom is offering to buy Qualcomm for $130 billion
Qualcomm already has its plate full with its various legal battles against Apple, but it looks like the company is about to have another issue to deal with. This week, rival chipmaker Broadcom made an unsolicited bid to take over Qualcomm, in a deal worth $130 billion. Broadcom is offering …
Read More »Verizon and Yahoo agree to $4.48 billion purchase price
Following lengthy debates and much fall out at the news that Yahoo had suffered a number of breaches over the past few years, a deal has been reached for the planned Verizon buyout. It won’t be quite the near $5 billion initially offered, but neither has Yahoo lost a billion …
Read More »Razer purchased cloud-phone maker Nextbit
Razer has purchased cloud smartphone maker, Nextbit, including the rights to its Robin handset. It’s not clear right now what it is Razer plans to do with its new subsidiary, but it joins the likes of THX and Ouya, as part of a library of brands and hardware that could …
Read More »Disney rumoured to be considering Twitter buyout
Disney may add Twitter to its list of acquisitions in recent years, joining the likes of Marvel and Star Wars, though if it did buy the social network, it would be a substantial purchase. Valued currently at $20 billion, such a buy would represent multiple years of net income, even …
Read More »Twitter said to be in talks to sell entire company
Twitter may be in talks with a number of technology firms to see if it would be viable to sell off its entire social media platform. Although unconfirmed, Twitter has struggled with monetisation over the years and it’s not a move that would surprise many analysts. Reuters is reporting a …
Read More »Twitch is swallowing up the entire Curse brand
Amazon owned Twitch is looking to expand its reach in the gaming world, with the acquisition of Curse, a brand of websites, multimedia channels and applications. This gives Twitch control of a number of popular websites, which together bring in over 30 million visitors a month – giving it excellent …
Read More »Remember, the mighty do fall: Yahoo sells to Verizon
Yahoo is a name that many of you might not have heard for some time, but it was once one of the biggest players in the online world. But like many of those old guard, it too is now somewhat irrelevant, so it is perhaps fitting that this week it has …
Read More »Verizon may announce Yahoo buy for $5 billion later today
Although a number of organisations, companies and entities have been vying to buy up long-term online property, Yahoo, the latest rumour suggests that Verizon is the clear front runner. So much so in-fact, that a deal may be announced later today, with a suggested purchase price of around $5 billion. …
Read More »Avast buys up AVG, could dominate free anti-virus market
Of the free anti-virus and anti-malware programs out there, Avast and AVG are two of the most popular. Now though whichever one you opt for, Avast will benefit, as it’s purchased its rival anti-virus firm for a total of $1.3 billion. It now hopes to offer “more advanced,” services to …
Read More »Sega now owns Endless Space developer, Amplitude Studios
Sega has purchased Endless Space developer, Amplitude Studios, acquiring the company’s staff and assets, including the Endless franchise, which now includes Endless Legend, Dungeon of the Endless and the future Endless Space 2, still in development. Amplitude Studios is quite a young developer, having only been founded in 2011. However its …
Read More »Microsoft to spend $26 billion on LinkedIn buyout
Microsoft has announced that it will be buying up business-focused social network Linkedin, for a whopping $26.2 (£18.5) billion. This will be Microsoft’s biggest ever acquisition in the history of the company and is even more noteworthy because it will be purchased entirely with cash, no stock will change hands. LinkedIn …
Read More »Regulator slams Three’s O2 buyout, demands Commission do more
The move by mobile network Three, to try and buyout other major UK network, O2, looks to have hit a snag, as the British antitrust regulator has raised concerns about a recent European Commission investigation into the merger. It described the remedies to cited problems as “materially deficient,” and wants …
Read More »Daily Mail parent company considering Yahoo buyout
Although it may not go it alone, with talks said to be ongoing between the Daily Mail and General Trust (DMGT) and private equity firms, the parent company of the Daily Mail publication is said to be in talks with Yahoo over a potential buyout. This was confirmed by the …
Read More »Foxconn is officially buying Sharp, will bid for more of Apple’s business
After a couple of months of rumours and some drama that almost blew the deal entirely, Foxconn has announced that it will be acquiring Sharp for $3.5 billion, a much lower bid compared to the initial $6.2 billion offer on the table. The amount was reduced after Foxconn came across …
Read More »Foxconn to greatly reduce its offer to buy Sharp
For a while there, it looked like Foxconn’s $5.3 billion deal to acquire display maker Sharp was all set to go forward. However, in the late stages of negotiations, some information came to light that showed that Sharp may be carrying much more debt than Foxconn was initially led to …
Read More »Foxconn puts Sharp buyout on hold to investigate future financial risk
Last month reports surfaced suggesting that Foxconn was in talks to acquire the display maker, Sharp. This acquisition would open up some additional doors with Apple, allowing the iPhone assembly factory to also supply displays for the phone. However, the acquisition deal has apparently been put on hold as new …
Read More »Foxconn reportedly wants to buy Sharp for $5.3 billion
Foxconn, the massive assembly line responsible for the manufacturing of a lot of Apple products, amongst other electronic devices, is apparently making a $5.3 billion bid to buy display maker Sharp. Sharp has faced some troubles financially over the last few years so a buyout would be feasible at this …
Read More »Activision now owns Major League Gaming
Major League Gaming, one of the longest standing pro-Esports organisations, is now owned almost entirely by Activison, after the board of directors agreed to sell the publishing giant most of the company’s assets for $46 million. This has annoyed some share-holders, as the move was approved – legally – without …
Read More »Tencent now owns Riot Games, League of Legends
Although it started life as an indie developer back in the mid-00s, Riot Games has been anything but for a long time. That’s why over the past few years it’s courted investment from companies like Tencent, a Chinese game publisher and holding company. And now Riot has sold itself body …
Read More »Ubisoft buys up Ivory Tower and The Crew
With The Crew set to receive a big expansion called Wild Run this November, Ubisoft has decided that it would like to have a bit more involvement in its developer than just publishing it. So it’s purchased Ivory Tower, the developer behind the mixed-bag of a racer. There has been …
Read More »AMD’s talks with private equity firm Silver Lake stalled – report
The discussions between Advanced Micro Devices and private equity firm Silver Lake Partners have stalled because the two companies have failed to agree on the price and the future of AMD. The chip designer is reportedly considering other options. Silver Lake was interested to acquire a 25 per cent stake …
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