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GameFly Sells Cloud Streaming Tech, Team To Electronic Arts

socalTECH

Los Angeles-based game streaming provider GameFly and Electronic Arts said Tuesday that Electronic Arts has acquired GameFly's cloud-streaming technology, but that GameFly will continue to operate its games-by-mail subscription service. Financial details of the acquisition were not announced.

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Seismic Games Acquires Grue Games

socalTECH

Culver City-based Seismic Games announced on Thursday that it has acquired fellow, Los Angeles game development company Grue Games. Financial terms of the acquisition were not announced. Borrud was formerly head of Pandemic Studios, the gaming firm acquired by Electronic Arts in 2007 for $860M. READ MORE>>.

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Magnite Acquires SpotX For $1.17 Billion

socalTECH

Los angeles-based sell-side advertising platform operator Magnite announced this morning that it has agreed to acquire SpotX, a video advertising platform provider, in a deal worth $1.17 billion in cash and stock. Magnite is acquiring SpotX from RTL Group. Magnite is led by President and CEO Michael Barrett.

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EA Mobile Targets Amazon's Kindle

socalTECH

Los Angeles-based EA Mobile , the mobile game publishing arm of Electronic Arts, has set its sights on a new platform for its mobile games: Amazon's Kindle. EA Mobile came out of EA's acquisition of Los Angeles based Jamdat in 2005. Tags: electronic arts mobile kindle jamdat. READ MORE>>.

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Respawn Entertainment Acquired By EA For Up To $455M

socalTECH

Los Angeles-based game studio Respawn Entertainment , best known for its development of the title Titanfall, has been acquired by Electronic Arts , the two said on Thursday afternoon.

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Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

TechCrunch LA

The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. “This acquisition provides Jam City with access to leading creative talent in one of the fastest growing and most exciting tech markets in the world. .

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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. This $145 million in new financing empowers Jam City to further our position as a global industry consolidator.

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