Tata Group finally completed the acquisition of Wistron’s division that assembles iPhones in India. The agreement included a 100% equity stake in Wistron Infocomm Manufacturing, a $125 million payment for the production lines, and a $550 million inter-corporate loan provided to the parent company Wistron India. The deal includes a 44-аcre (nearly 180,000 sq. m) […]
Read MoreSaying 2023 has been a big year might be a bit of an understatement. It’ll be remembered as a year for incredible video games, with a wide range of titles in a wide range of genres, from Lovecraftian fishing indie title Dredge to blockbusters like Bethesda Game Studios’ Starfield. Hand-in-hand with these great games, it’ll […]
Read MoreWhat you need to know Microsoft is planning to acquire Activision Blizzard for $69 billion. The FTC hopes to convince a judge to grant a preliminary injunction temporarily restricting Microsoft from closing the deal. As part of this legal process, official documents like Xbox’s “Developers to Watch” list have surfaced, revealing additional acquisition […]
Read MoreWhat you need to know According to internal documents from the FTC v. Microsoft hearing, Microsoft was at one point interested in acquiring both Bungie and Sega. In 2020, Phil Spencer sent Microsoft CEO Satya Nadella and Microsoft CFO Amy Hood an email in which he requested strategy approval to approach Sega Sammy and discuss […]
Read MoreSega Corporation announced its plans to acquire Rovio Entertainment Oyj – the maker of Angry Birds for €706 million ($775 million). The deal is expected to be completed by September 2023 and will see Sega take over Rovio’s mobile game development and use the Finnish company’s expertise in mobile gaming to develop multi-platform titles from […]
Read MoreWhat you need to know Microsoft is working to acquire Activision Blizzard for almost $69 billion. The deal is undergoing regulatory review, with Microsoft’s console competitor Sony arguing that the deal should be blocked. In the latest round of documents, Sony argued that Microsoft buying Activision Blizzard will allow Microsoft to raise console prices. Sony […]
Read MoreNetflix is continuing its expansion into gaming through acquisitions. On Thursday, Netflix announced that it is acquiring its third gaming studio by purchasing Boss Fight Entertainment. “Boss Fight’s mission is to bring simple, beautiful, and fun game experiences to our players wherever they want to play,” said the founders of Boss Fight Entertainment in a […]
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