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MAG Interactive valued at $137m following IPO

More than 11 million shares offered as Ruzzle firm gets listed on Nasdaq First North Premier

By James Batchelor

Playkey raises $10.5m through cryptocurrency sale

Russian streaming platform attracts new investors through Initial Coin Offering

By James Batchelor

Goodgame joins Stillfront Group in €270m deal

German free-to-play studio will add Goodgame Empire and Big Farm to Stillfront's growing portfolio

By Matthew Handrahan

Nordisk Film takes $5m ownership stake in Heroes & Generals studio

Danish developer Reto-Moto will use funds to "prepare for scale" as it ramps up work on free-to-play WW2 shooter

By James Batchelor

King vets raise $2.2m for mobile start-up Strange Quest

New Swedish studio focused on "fast, explosive and action packed multiplayer games for the mobile games market"

Sega's game division holds strong despite 54.5% cut to company-wide profit forecast

Operating income for games up by $35 million despite net sales decline

By Haydn Taylor

HTC Vive invests in 26 more companies

The Vive X accelerator program has invested in more than 80 VR/AR companies since July 2016

Global gaming revenue on par with sports at $149bn for 2017

Software revenue alone expected to reach $143.5 billion by 2020

By Haydn Taylor

Niantic has reportedly raised $200 million

CEO John Hanke has said that series B round will allow long-term bets on the AR market

By Matthew Handrahan

Rovio share price down nearly 20% after latest financial report

Profitability dented as user acquisition costs spike by over 300%

By Haydn Taylor

UK Budget 2017: games fund extended, R&D credits boosted and better maths education

The Chancellor of the Exchequer also confirmed plans to invest 500m in the Tech sector

By James Batchelor

Nintendo Switch drives GameStop global sales to just shy of $2bn for latest quarter

Hardware and software demand counters slight decline in pre-owned sales

By Haydn Taylor

AppLovin abandons acquisition plans, opts for $841m debt financing

Orient Hontai Capital invests further into mobile marketing firm, after US government questions previous takeover bid

By James Batchelor

Tencent crosses $500 billion market cap milestone

Gaming giant is the first Chinese tech company to cross that financial mark

By James Brightman

Mind Candy receives $1m cash injection

Investment could help lay foundations for studio's turnaround

By Haydn Taylor

MAG Interactive plans $68m IPO

Ruzzle developer targets listing on Nasdaq First North Premier, cornerstone investors already commit to $27m

By James Batchelor

Vivendi: No plans for Ubisoft takeover for six months

French media giant still has aspirations to grow in gaming, but says it will limit stake in Assassin's Creed publisher for now

By Brendan Sinclair

Starbreeze Studios reports pre-tax loss of $4.1m as it enters phase of expansion

Developer states intention to achieve revenues of $237 million in 2020 [UPDATE: Dead by Daylight has sold 3m]

By Haydn Taylor

Launchpad comes to Africa to support tech start-ups

Mentorship program provides companies with over $3 million in equity-free support

$1.2bn games business lifts NetEase revenues up by more than a third

Chinese publisher reports revenues of $1.9 billion, profits of $839.9m for third quarter

By James Batchelor

Kickstarter launches Patreon rival Drip

New crowdfunding platform allows creators to offer subscriptions for ongoing content, will integrate with Kickstarter

By James Batchelor

Tencent online gaming revenue exceeds $4bn in latest quarterly financials

Company-wide profit up to $2.7 billion, year-on-year increase of 67%

By Haydn Taylor

UK government pledges 2,000 visas, 61m investment to Tech sector

Number of visas doubled to bring in more talent, with three 20m schemes planned to grow Britain's digital industries

By James Batchelor

Razer raises $500 million with Hong Kong IPO

Successful floatation drives stock up 40%, sells just over one billion shares

By James Batchelor

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