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venturebeat | March 03, 2020
GameOn Technology has raised $10.5 million in growth capital in the form of a convertible note financing. That means investors are loaning the company money, and the investors will have the option to convert the loan into ownership in the company. Andrew Ogawa of Quest Ventures led the financing, with participation from Mirae Venture Partners and Silver Lake founder Jim Davidson. One of the features of convertible note financing is that it enables investors to put money into a company without ha...
BUSINESS
Sony Interactive Entertainment | September 09, 2021
Sony Interactive Entertainment (“SIE”) announced today that SIE has entered into a definitive agreement to acquire Firesprite Limited, the UK-based videogame studio with a history of developing highly-polished showpieces for cutting-edge hardware. With a partnership spanning more than 8 years and a games portfolio highlighting PlayStation’s technological innovations, Firesprite will play a critical role in strengthening SIE’s exclusive games catalog in genres outside of P...
Kixeye | December 27, 2021
KIXEYE Studios, a Stillfront Group AB studio, has entered into an agreement to acquire the game Rise of Firstborn, name recently changed from Iron Throne: The Firstborn, a popular mobile turn-based strategy game developed and published by Netmarble Corporation. The acquisition is structured as an asset acquisition and the game will be operated by Kixeye, headquartered in Victoria BC. Rise of Firstborn, which was released globally in May 2018, is a mobile strategy game that combine...
MEDIA AND BROADCASTING
Oak View Group | August 31, 2021
Oak View Group, a global venue development, advisory, and investment company for the sports and live entertainment industries, and Spectra, one of the industry's leading venue management and hospitality providers, today announced a definitive agreement under which OVG and Spectra will merge to create a leader in the live events industry. Financial terms of the transaction were not disclosed. Tim Leiweke, CEO of OVG, commented, "This merger brings together two dynamic lead...
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