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Disney Acquires Playdom

socalTECH

Burbank-based Walt Disney Company said today that it has acquired social gaming firm Playdom , in a deal worth $563.2M, plus earn-out of up to $200M. Playdom develops games such as Social City, Sorority Life, Market Street and Bola. Tags: content games gaming social playdom acquisition merger walt disney. READ MORE>>.

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Rovio Wants To Rival Disney, As It Heads Towards IPO

socalTECH

Rovio , the Finnish maker of the popular Angry Birds games, is talking up an initial public offering saying that it is looking to rival Burbank-based Walt Disney Co. as a media company. is on the markets. Rovio, now says it is planning an IPO on the Hong Kong stock exchange in 2013, according to an interview in a Finland paper.

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