October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Acquisitions
Electronic Arts To Acquire PopCap Games, Deal Could Rise To $1.3B
Electronic Arts has announced that it will acquire PopCap Games for $750 million in cash and stock. EA will pay $650 million in cash and $100 million in shares of common stock for PopCap, with a multi-year earn-out agreement in place as part of the deal. The earn-out means that the final price of the acquisition could reach $1.3 billion, far above the $1 billion... Read more » Lockerz Acquires AddToAny, Popular Social Sharing Platform
Lockerz, the social commerce network, announced that they've acquired the social sharing platform, AddToAny. AddToAny is a bookmarking service that allows users to bookmark content from social networks, instant messengers, news aggregators and email services. Lockerz's acquisition is part of their initiative to expand the social sharing aspect of their service.... Read more » Zynga Acquires Five Mobile, Toronto-based Mobile App Developers
Social gaming giants Zynga have announced another acquisition. This time, they've snagged the team of the mobile app developing firm Five Mobile, the company's 15th acquisition in the last 14 months. As part of the acquisition, Zynga will acquire certain assets and intellectual property of the Toronto-based firm. Zynga plans to use Five Mobile's team to develop... Read more » Twitter Acquires BackType, A Social Media Aggregator
BackType, a social media aggregator and search engine service, has announced that it has been acquired by Twitter. The terms of the deal have not been disclosed. Both BackType's team and technology will be rolled in to Twitter's platform division. The BackType team -- which is relocating to Twitter's office -- will focus on developing tools for Twitter's publisher... Read more » Social Gaming Company Lolapps Acquires Fliso Engine To Enhance Flash Game Development
Social gaming company Lolapps has announced that it has acquired the Fliso Engine from Sean Cooper Games. Fliso is acknowledged throughout the gaming industry as a high-performance engine for running and developing Flash games. The engine will now be branded as the Lolapps Fliso Engine. Fliso adopts game programming techniques from the early days of PC gaming so... Read more » News Corp. Sells Myspace To Specific Media For $35M
Tuesday we reported that News Corp. was nearing a deal for Myspace in the $20-$30 million range. The frontrunners for acquiring the company were two relatively unknown companies Golden Gate Capital and Specific Media. It looks like News Corp. has finally found a buyer and will be closing the deal Wednesday. According to All Things D, News Corp. has sold the... Read more » REPORT: PopCap Games Being Acquired For More Than $1B, Identity Of Buyer Not Revealed
Social gaming company PopCap Games is in the process of being acquired for more than $1 billion, according to TechCrunch -- though it is not clear who is looking to buy the company. The most likely buyers for PopCap, which was planning an IPO for later this year, would be rival social gaming company Zynga and gaming giant Electronic Arts. Zynga has been... Read more » Shazam Acquires Synchronized Lyrics, Launches Shazam LyricPlay
Shazam, the music discovery company, has announced their first corporate acquisition. They've acquired synchronized lyric technology from Silicon Valley-based company Tunezee. With this acquisition Shazam will be immediately launching Shazam LyricPlay, which gives users of their Encore premium app the ability to view real-time, synchronized lyrics to songs they... Read more »
Facebook Acquires Software Design Company Sofa
Facebook has acquired the Amsterdam-based software design company, Sofa. You might recognize the company, which launched in 2006, as the creators of Mozilla Firefox's and TomTom's icons. Facebook has not acquired Sofa's products, just the team. The company will be searching for a new home for their apps Kaleidoscope and Versions and are working with joint venture... Read more » NewsCorp. Still Trying To Sell Myspace, Looking For Strategic Partners
In April we reported that NewsCorp. was taking bids for their failing Web property MySpace. Now we're hearing that Myspace will most likely face a strategic partnership rather than a full sale. According to the Wall Street Journal, the media company has considered a variety of deals for the social network and while a full sale is still possible, the lack of high... Read more »
