SIE, the video gaming wing of tech giant Sony, has agreed a purchase of Finland and Germany based mobile studio Savage Game Studios, which will be absorbed into its new mobile game division.
Zynga has announced the purchase of Turkish mobile games developer Peak for $1.8 billion, skyrocketing share price at a firm credited with being one of the first to break the mobile gaming sector.
Consumers might be spending more each year in the app economy, but Rovio’s struggles prove just how difficult it is to be a success in the cut-throat world of mobile gaming.
Tencent has continued its rise to prominence in the competitive Chinese technology sector reporting a year-on-year revenue increase of 48% over the course of H1 to $10.2 billion.
Gaming platform Unity has unveiled stats confirming Android dominates the mobile gaming sector in the majority of global markets.
Activision Blizzard is to acquire King Digital Entertainment in a deal valued at $5.9bn. Under the terms of a definitive agreement recently announced, Activision subsidiary ABS partners will acquire all the outstanding shares of King for $18 each.
Korea’s SK Telecom and China Mobile have announced plans to collaborate on developing content for mobile gaming, as well as co-operation on R&D for wired and wireless technologies. The announcement follows the signing of a memorandum of understanding (MOU) between the two telcos last week, in which they agreed to jointly develop next generation technologies for their respective markets.
Mobile gaming is forecast to be the biggest non-SMS data service earner for UK operators in 2007. According to market research firm GfK, the UK’s annual spend on mobile content is set to reach £1bn for the first time next year, an increase of over £100m on last year’s figure. Not surprisingly, the lion’s share […]
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