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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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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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Twistory Entertainment Being Sold In Asset Sale

socalTECH

Santa Monica-based Twistory Entertainment Studios , which had been a mobile game development and graphic novel design company, is being sold in an asset sale, according to auction company CMA Auctions. Twistory Entertainment was founded in 2009, and had developed Ouch! Couch and other titles. READ MORE>>.

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Scopely Gets $60M For Expansion, Acquisitions

socalTECH

Los Angeles-based mobile gaming developer Scopely has raised $60M in a new funding, the company announced on Thursday, in a round led by Revolution Growth. According to Scopely, the new funding will go towards strategic investments, commercial partners, and acquisitions. Scopely is led by Walter Driver. 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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Science Launches Its Own SPAC

socalTECH

Santa Monica-based Science, the startup studio led by Mike Jones and Peter Pham, has launched its own Special Purpose Acquisition Company (SPAC), called Science Strategic Acquisition Corp. According to Science Strategic Acquisition Corp. Alpha (SSAA).

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.