Adobe Drives 360 Video and VR Innovation with Acquisition of Mettle’s Skybox Tools for Editing and Visual Effects

Acquisition Accelerates Adobe’s Position in 360 Video Adobe Systems Incorporated (Nasdaq:ADBE) has announced it has acquired all SkyBox technology from Mettle, a global developer of best-in-class 360-degree and virtual reality software. The acquisition comes at a time when increasing numbers of creators, global brands and media and entertainment companies are embracing 360/VR and are looking […]

Scopely Raises $60 Million Round Led by Revolution Growth to Expand Operations

Fast Growing Leader in Mobile Entertainment Looks to Add to Roster, International Operations Scopely, the free-to-play interactive entertainment network, has raised $60 million in a Series C financing led by Revolution Growth, which is helmed by former AOL executives, Steve Case, Donn Davis, and Ted Leonsis. Revolution Growth Managing Partner Donn Davis will join Scopely’s […]

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 […]