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Platinum Fortune Acquires UK Video Game Developer Jagex

socalTECH

Los Angeles-based private equity investor Platinum Fortune LP says it has acquired one o the UK's largest video game developers and publishers, Jagex , in a deal worth $530M. Jagex is best known for its franchise, RuneScape. Platinum Fortune said that Jagex will continue to be run by its existing management team. READ MORE>>.

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Croquet Connects With $2.7M For AR App, Game Development Tools

socalTECH

A new, Los Angeles-based startup, Croquet Corporation has raised $2.7M in a seed funding round, to go towards its development of tools to power apps and games for 5G and augmented reality (AR), the company said on Tuesday. The company is targeting its tools for use by multi-player gamed developers. in the seed funding.

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Two Bit Circus Aims At Game Developers, Offers Up Game Experiences

socalTECH

Los Angeles-based Two Bit Circus , which has a "micro amusement park" which incorporates technology, games, entertainment, and more in its own physical, 38,000 square foot space, is offering up a new program which seeks to link with game developers. READ MORE>>.

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Mighty Oak Entertainment Gets Investment

socalTECH

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., before leaving in 2005 to found Might Oak Entertainment.

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3BLACKDOT Snags Machinima Vet For Game Development Effort

socalTECH

Los Angeles-based 3BLACKDOT --founded by Machina Vets Angelo Pullen, Luke Stepleton, Adam Montoya, and Tom Cassell--said Tuesday that it has snagged another Machinima vet, Marwan Abderrazzaq, to head up game development at the company. Interactive Entertainment. Abderrazzaq was previously Director of Franchise at Machinima.

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R.E.D Talks Hosts Leading Virtual Reality Developers

SoCal Tech Calendar

Talks Hosts Leading Virtual Reality Developers. Los Angeles is the fastest growing tech startup region, but it soon may acquire another moniker: Virtual Reality Hub. Talks: Creating the Next Wave of Consumer Entertainment,” a discussion with one of the leading VR companies, Lucid Sight Inc., Thursday, March 30, 2017 -- R.E.D

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Ticket OS Acquired By Entertainment Benefits Group

socalTECH

Los Angeles-based TicketOS , a developer of a software platform that helps organizations automate the management of such entertainment assets as corporate entertainment suite inventory, entertainment and sports tickets, corporate hospitality, and other assets, has been acquired by Miami-based Entertainment Benefits Group (EBG).