Tag: Gaming
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It’s the End of a Tumultuous Era for Activision—And the Start of a New Day in LA for Microsoft
It is a momentous, defining day for Southern California’s tech industry.After a tumultuous year, Activision Blizzard—the most prominent video game developer and publisher in Southern California, and one of the largest globally—is selling itself to Mic…
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Microsoft’s $68.7 Billion Deal to Acquire Activision Blizzard Will Create a New Gaming Behemoth
Microsoft is aiming to vault itself into the upper echelon of video games with its $68.7 billion deal to acquire Activision Blizzard, the gaming giant behind such franchises as Warcraft Diablo, Overwatch, Call of Duty and Candy Crush.Announced Tuesday…
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Griffin Gaming Partners Backs Mobile Game Developer Spyke
Santa Monica-based venture investment firm Griffin Gaming Partners is the lead investor in Turkish mobile gaming developer Spyke, Spyke said on monday. According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. Griffin i…
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Microsoft To Acquire Activision Blizzard For $68.7B
Santa Monica-based Activision Blizzard is being acquired by Microsoft in a deal worth $68.7 billion, the two companies announced this morning. According to Microsoft, it will pay $95.00 per share in an all cash transaction to acquire Activision Blizzar…
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Griffin Gaming Partners Invests $55 Million in Turkish Mobile Gaming Studio Spyke
Griffin Gaming Partners, a Santa Monica-based venture capital firm that has backed gaming industry heavyweights like Discord and Skillz, has led a $55 million seed round for Turkish mobile game developer Spyke.Spyke is helmed by a stable of C-suite ex…
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E3 Going Remote Will Cost LA’s Economy Tens of Millions—Again
The Entertainment Software Association’s decision to hold its annual E3 mega-convention as an online-only event this year is yet another blow to Los Angeles’ struggling local tourism and events economy.The world’s largest gaming expo has traditionally…
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Riot Games Donates $2 Million to Give South LA Students Access to Tech Education
“League of Legends” video game developer Riot Games is donating over $2 million to social impact real estate fund SoLa Impact’s I CAN Foundation to help the organization bolster technology education programs for underserved communities in South Los An…
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Riot Games Investigating Esports Team Founder Andy Dinh Amid Bullying Allegations
Riot Games is investigating TeamSoloMid founder and CEO Andy Dinh for workplace misconduct, after receiving complaints that the esports team owner verbally abused and bullied current and former employees and esports players. West Los Angeles-based Rio…
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E3 Will Be Online-Only Again This Year, Robbing Downtown LA of Gaming’s Biggest Convention
Video game fans will have to enjoy gaming’s biggest convention from home again this year. Despite being five months away, gaming trade group the Entertainment Software Association will make its annual Electronic Entertainment Expo—better known as E3—a…
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NZXT Gets $100M For Gaming PCs
City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. The funding came from private equity investor Franciso Partners. Acording to NZXT, the investment will bring on more sen…