Gaming Acquisition |OT| Tencent acquires Lucid Games

[BananaKing]

I expect savvy will invest heavily in games and e-sports in the next two years

[the-pi-guy]

Sony acquires iSize, specializing in Deep Learning for video delivery

Seemingly to help Sony with streaming.

[Legend]

Sony acquires iSize, specializing in Deep Learning for video delivery

Seemingly to help Sony with streaming.

Seems like stuff like this is being held back by phones and whatever is receiving the stream. A tweaked version of DLSS could work great but if you have the hardware to run DLSS, why would you be streaming?

[the-pi-guy]

Sony has made a strategic investment in African gaming startup Carry1st

Cordel Robbin-Coker, CEO and co-founder of Carry1st, said talks with the Sony Innovation Fund began about eight to nine months ago, and that his pitch to the PlayStation console maker was that Africa is the next big market to find growth in video games.

"As large companies like Sony that have really strong footholds in tier-one and tier-two markets start thinking about where the next billion customers and gamers are going to come from, our pitch is that Africa is a prime market for that," Robbin-Coker told CNBC in an interview.

Sony is coming into an emerging gaming market with blistering growth potential. Sub-Saharan Africa's gaming industry is expected to generate over $1 billion for the first time in 2024, according to research from Carry1st and venture capital firm Konvoy.

[kitler53]

good move by sony.   RotW is where ps really curb stomps xbox.    not sure what the numbers are for africa but there seems to be a lot of investment interest lately (not just video games).

[the-pi-guy]

Gearbox was sold from Embracer to Take Two

While Embracer's purchase of Gearbox was widely reported as a $1 billion deal, it was never that simple. Lots of strings attached, as you can see in the release at the time https://t.co/pkqcQfMRFz pic.twitter.com/lwKL89Zpum

— Stephen Totilo (@stephentotilo) March 28, 2024

[the-pi-guy]

Relic Entertainment goes independent from Sega

Relic is best known for the Company of Heroes and Dawn of War games, and recently developed the new Age of Empires for Microsoft. Relic will transition to an independent studio and will no-longer be part of the Sega group of studios.

[Legend]

Glad gearbox lives to see another day.

[the-pi-guy]

Nintendo has acquired Shiver Entertainment

Shiver is a video game development company that develops software for multiple platforms including Nintendo Switch. Since its establishment in 2012, Shiver has partnered with publishers and developers through commissions for large scale title developments, and recently, has worked on porting and developing software titles such as Hogwarts Legacy and Mortal Kombat 1. Nintendo will acquire 100% of the outstanding shares of Shiver and make it a wholly owned subsidiary. By welcoming Shiver's experienced and accomplished development team, Nintendo aims to secure high-level resources for porting and developing software titles. Going forward, even after it becomes a part of the Nintendo group, Shiver's focus will remain the same, continuing commissions that port and develop software for multiple platforms including Nintendo Switch.

[the-pi-guy]

[Legend]

Atari really went in the gutter like a decade ago. Maybe they're improving, but that doesn't sound good.

[Legend]

Gearbox is officially out from under Embracer Group

Hopefully Take2 doesn't pull a ksp on them  

[kitler53]

i'd trust TT over embracer.   whatever happens it will be a better outcome.