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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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Club Caveman Takes To Kickstarter To Bring App To Life

socalTECH

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. and Demand Media. The team is pitching the game with an animated pitch, showing off some of its animation chops and a preview of its caveman.

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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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Gamzee Gets Seed Funding

socalTECH

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>>.

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Gamzee Shifts Staff, Looks Towards Smaller Games

socalTECH

Los Angeles-based Gamzee , the HTML5 game development firm headed by Howard Marks, one of the founders of Activision, has shifted its staff as it rethinks how to approach the market. As a result, the firm has laid off three programmers at the firm, in order to spend more of its resources on marketing. READ MORE>>.