Prime Ventures invests in mobile games platform AppLift. An additional investment of USD7 million from Prime Ventures was received by mobile games marketing platform AppLift.
Games/Entertainment
Merlin Entertainments plans GBP 200 million London IPO
Private equity-backed Merlin Entertainment Group would be conducting a share sale to raise GBP 200 million in London.
Caesars removes Ganesvoort Hotel from future project
Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.
Banksy art grows more popular even if hated by New York authorities
Artworks of British renegade graffiti artist Banksy became popular overnight in New York as city authorities had tried in vain to catch him for vandalism charges.
Caesars Entertainment pulls out of casino partnership with Suffolk Downs
Caesars Entertainment would no longer be partnering with Suffolk Downs to bid for a casino gambling license in the Boston area.
Latest News
A total of USD50 million in investment funding was received by mobile game developer Chukong Technologies from backers including GGV capital and Sequoia Capital.
Zynga co-founder Justin Waldron announced his departure via a Facebook post. Zynga co-founder Justin Waldron recently announced that he would be leaving the gaming giant after six and a half years.
According to a report by Techcrunch, Prime Ventures provided a capital infusion of USD7 million to mobile games marketing platform AppLift.
Vivendi, a French mass media company, said it would acquire USD2.7 billion of its U.S. dollar-denominated debt after it received payment for its stake sale in Activision Blizzard.
South Korean communication app maker Line would stand to be valued at USD8 billion should it go public, according to information technology news site The Next Web.
Japanese firms Softbank Corp and games developer GungHo OnLine Entertainment had purchased a controlling stake in Supercell for USD1.53 billion.
The Telegraph reported that several private equity groups were invited to bid for a controlling stake of Ambassador.
Activision regains independence after it bought back shares from Vivendi SA. A group led by Activision CEO Bobby Kotick in partnership with Activision Blizzard Inc recently completed a buyout worth USD8.
New York City Opera Kenneth Rosen had indicated in a court hearing that the American opera company would be open to a merger.
