Big Game Acquisitions

UPSTART’S ACQUISITION COMPLETED BY SUN TV SHOPS

We reported before on the acquisition of Irish based Upstart games by SUN TV Shops. We can now confirm the purchase is completed. SUN has bought the developer for $ 15,25 million paid in cash and shares. The 2005 turnover of Upstart was just above € 2 million with a loss of about € 170.000.

OBERON MEDIA ACQUIRES BLAZE

Rumors around Blaze have been hanging in the air for a few months, but now it’s final. Blaze has been bought by Oberon Media. This strategic purchase expands Oberon in the mobile games market. According to the press release, Oberon will even try to offer casual PC games. I’m more interested though to see if Oberon will mobilise it’s flash games trough Blaze’s contracts with the operators. What is clear at this moment, is that the name Blaze will stop to exsist as the blaze.com website has been rebranded to Oberon media.

NAMCO BANDAI EUROPE LAUNCHES

We don’t know what’s going on, but Namco seems to have made some changes in it’s plans for Europe. They started with launching Namco Bandai Networks Europe, which will distribute all popular Namco games. Also other IP from Namco Bandai will be brought into the portfolio. A good example would be Tamagotchi which has been previously released by Living Mobile which is now Disney Mobile.

MOBILEMAIL TO ACQUIRE TRACEBIT

I had to hold off the news for a bit, but now it’s official that MobileMail is intending to acquire Tracebit AB. Both companies have signed a letter of intent. QB has published the full details of the deal.

GREYSTRIPE RECEIVES $ 1.2 MILLION FUNDING

More funding news today as San Francisco based Greystripe announced its first $ 1.2 million funding round was completed. The funding was coming from Incubic Venture Fund, Monitor Ventures and WS Investment Company. Greystripe is known for it’s ad subsidized gaming network.

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