HTC Announces Second Group of Companies to Join Vive X Accelerator Program

HTC has announced the second group of companies chosen to receive funding and support to grow the Virtual Reality ecosystem through its’s Vive X Accelerator Program. Over thirty new companies from San Francisco, Beijing, Shenzhen and Taipei have been selected to participate in the program with the goal of building and advancing the global VR […]

Take-Two Interactive acquires Spanish mobile game publisher Social Point for up to $276 million.

Authors: Steve Payne & John Ascher-Roberts Transaction Overview On February 1, 2017, Take-Two Interactive (NASDAQ: TTWO), announced an agreement to acquire Barcelona-based mobile game publisher Social Point for $250 million and another $25.9 million in potential earnouts. Target Description Social Point develops mobile, action, social, and strategy free-to-play games. Its most popular game offerings are […]

Microsoft Acquires Simplygon to Accelerate “3D for Everyone”

Microsoft acquired Simplygon on Jan. 17 for an undisclosed amount to further develop Microsoft’s “3D for Everyone” vision. Simplygon, which developed by Donya Labs AB, a privately held company based in Sweden, develops 3D-optimization solutions for game developers, focusing on helping developers create 3D content faster, streamlining the workflow.   This saves AAA game studios […]

Intel Is Building a Broad Portfolio of Solutions to Deliver Immersive Sports Experiences for Athletes, Fans and Content Producers

Intel to Acquire VR Startup VOKE for Immersive Sports Intel announced on their website that it has acquired VR Startup VOKE for Immersive Sports. Sports is being revolutionized by data and the ability to capture, connect, analyze and interact with it. We call this the digitization of sports. At Intel, we’re building a broad portfolio […]

Baobab Studios Closes $25 Million In New Funding

Virtual Reality Storyteller Behind “INVASION!” Also Broadens C-Suite, Advisory Board Baobab Studios, creator of some cutting-edge VR (virtual reality) animation entertainment, has announces the close of $25 Million in Series B funding, backed by prestigious and powerful investors in film and technology, including several returning for a second round of investment. This brings total funding to […]