Tag Archives: acquisition

Ouya in acquisition talks, report claims

A number of Chinese companies are in discussions over a possible acquisition of Ouya, according to reports. Recode claims that Ouya has already held preliminary talks with multiple big players in China” – including Tencent – after the company decided that an acquisition was a more realistic goal than trying …

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Take-Two shares spike amid Activision buyout rumours

Rumours regarding a potential buyout of Take-Two by fellow publisher Activision had the former’s stock soaring at the conclusion of last week. Benzinga reports Take-Two shares were up 4.14 per cent at the end of Friday. Activision’s stock rose .21 per cent as well. The spur was brought on by …

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No changes at Twitch following Amazon acquisition

There won’t be any sweeping changes to either Twitch’s direction or staff following its buyout at the hands of Amazon. A $970m buyout was confirmed on Monday. We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get …

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Google backed out of Twitch deal due to ‘antitrust issues’

Previous reports that Google was on the verge of buying Twitch were true, a new report has claimed. It was last month said that Google had committed itself to a $1bn buyout of the video streaming service. However, it was confirmed last night that Amazon has acquired the company for …

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Facebook officially completes Oculus acquisition

Facebook has officially completed its $2bn acquisition of Oculus. The shock deal wasfirst announced in late March. It includes $400m in cash and 23.1 million shares of Facebook common stock, valued at $1.6bn. A further $300m will also be offered depending on the achievement of certain milestones. A joint statement …

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