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Riot Games Buys Hypixel Studios

socalTECH

Los Angeles-based Riot Games , which publishes League of Legends, said on Thursday that it has acquired Hypixel Studios , the developer of Hytale , a block-based game which combines a Minecraft-like environment with roleplaying elements. Financial terms of the acquisition were not announced. READ MORE>>.

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Riot Games Buys Radiant

socalTECH

Los Angeles-based Riot Games has acquired videogame developer Radiant Entertainment , the two companies said today. Financial terms of the acquisition were not disclosed. Radiant Games had been working on its first title, Stonehearth, a town building simulation game played with friends.

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Riot Games Acquired By Tencent

socalTECH

Los Angeles-based Riot Games , the online videogame developer headed by Brandon Beck, said late Friday that Tencent Holdings has acquired a majority stake in the company. The firms said that Riot Games will continue to maintain its headquarters in Los Angeles, and has plans to "hire aggressively" in 2011.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million). The exit was the eighth highest in the database, according to Ocean Road Partners. billion in liquidity was generated in the sector.

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Clinton Foy: Why We Bought Our Own E-Sports Team, the Immortals

socalTECH

To get some insight into the growing world and business of e-sports, we caught up with Clinton Foy , a local venture capital investor at Crosscut Ventures in Los Angeles. It's super interesting, in particular, for Southern California, where Blizzard and Riot Games have been really helping to lead that charge, both locally and internationally.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

If a person from outside Los Angeles is a fan of the city, dig a little and you’ll probably find that they like it for the celebrities, Hollywood not LA. Well, they’re all wrong, and Los Angeles is about to prove it. Brandon Beck – Riot Games. LA is a special place right now. The prize? $3