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AdColony Acquired By Opera

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Los Angeles-based mobile video advertising firm AdColony has been acquird by Silicon Valley mobile ad company Opera , the two said Tuesday. Before AdColony, Kassoy had been at Activision Blizzard. video mobile acquisition merger opera adcolony' The deal is worth up to $350M. AdColony is led by Will Kassoy.

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China Roundup: Tencent’s new US gaming studio and WeChat’s new paywall

TechCrunch LA

Eleven-year-old TiMi currently has a team working out of Los Angeles on global business and plans to grow it into a full development studio that “helps us understand Western players and gives us a stronger global perspective,” said the studio’s international business director Vincent Gao.

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Jam City Snags Two Execs From Machine Zone

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Los Angeles-based mobile game developer Jam City has snagged two executives from game developer Machine Zone, the company said this morning, adding two to its executive team. Ulm was most recently GM of Machine Zone's San Diego studio.

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StartEngine Debuts Eight New Startups At Demo Day

socalTECH

StartEngine's founders are Howard Marks, who co-founded Activision, and investor Paul Kessler. The accelerator is among a number that have emerged in Los Angeles in the past year or so; StartEngine specifically has been focusing on startups targeting consumers, small to medium sized businesses, and web infrastructure.

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Club Caveman Takes To Kickstarter To Bring App To Life

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A mobile app new project by a local, Los Angeles team has taken to Kickstarter to help fund its efforts to create an animated, interactive caveman for your iPhone and iPad. The team includes entertainment and tech vets who have worked on computer games from Activision, animation from Dreamworks and Disney, and who have worked at Yahoo!

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TechZulu Presents 2012 Startup Forecast | Featuring Science, Tech Coast Angels, Amplify, StartEngine, upStart.LA

Tech Zulu Event

Topics of discussion will be Saas, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2012, creating value with your company, hiring problem solvers, and building sensible businesses. The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders. Our Panelist Include.

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Gamzee Gets Seed Funding

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Los Angeles-based Gamzee , a developer of HTML5 and mobile/social games, announced Thursday that it has raised $1M in a seed round of funding. Gamzee is headed by Howard Marks , a co-founder of Activision and Acclaim Games, and former SVP at Disney Interactive Media Group. READ MORE>>.