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Sony Online Entertainment Sold To Investment Firm

socalTECH

San Diego-based Sony Online Entertainment , the developer of EverQuest and other massively multiplayer, online games, has been sold to investment management firm Columbus Nova , SOE said this morning. sony online entertainment everquest mmorpg videogame content studio merger acquisition' READ MORE>>.

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Snap accelerator names its latest cohort

TechCrunch LA

and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company.

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Emotive Communications Acquired By Zad Mobile

socalTECH

Los Angeles-based Emotive Communications , a venture backed provider of ringtone and mobile music products, was acquired last week by Zad Mobile. Financial terms of the acquisition were not disclosed. Tags: emotive communications mobile merger acquisition ringtone phone. Emotive was venture backed by Mayfield, D.

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Activision Blizzard To Acquire King Digital Entertainment For $5.9 Billion

socalTECH

Santa Monica-based Activision Blizzard has agreed to acquire King Digital Entertainment , the developer of mobile games, including Candy Crush, in a deal worth $5.9 Activision said the acquisition will be highly complementary to its business. Activision said its wholly owned subsidiary, ABS Partners C.V., will pay $18.00

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Fox Mobile Group Sold By News Corp.

socalTECH

Beverly Hills- and Berlin, Germany-based Fox Mobile Group , which offers mobile content distribution and mobile entertainment products, has been sold to Jesta Group , Jesta said Wednesday. Jesta said Fox Mobile Group will become part of Jesta Mobile Holdings. Financial terms of the deal were not disclosed.

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Disney Accelerator Names First Class

socalTECH

disney startup accelerator walt angeles entertainment consumer funding venture capital techstars' Disney is providing $120,000 in investment capital to startups to help them develop their ideas, and also provide mentoring from Disney executives. READ MORE>>.

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Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors’ interest

TechCrunch LA

In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. ” In terms of capitalization, no other mobile gaming studio comes close.