Embracer, the Swedish multinational video game holding company, is making headlines yet again with its recent move to sell off more of its assets. This time, it is the acquisition of Gearbox Entertainment by Take-Two Interactive, one of the leading publishers and developers in the gaming industry, in a deal worth a staggering $460 million.… Continue reading Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m
Category: acquired
Rockstar has acquired a major modding community ahead of GTA 6
Grand Theft Auto fans were delighted to learn recently that Rockstar Games has acquired a major modding community. This news comes ahead of their highly anticipated release of the next installment of their hit franchise, Grand Theft Auto 6 (GTA 6). The modding community that Rockstar has purchased is called OpenIV, which is one of… Continue reading Rockstar has acquired a major modding community ahead of GTA 6
Parler to be acquired by digital media company Starboard, shut down temporarily
On Tuesday, digital media company Starboard announced that it plans to acquire the controversial social media platform Parler, saving it from its current shutdown. Parler is a US-based social media platform that launched in 2018 and quickly gained popularity among conservatives. It had more than 15 million users before its closure on January 8th. The… Continue reading Parler to be acquired by digital media company Starboard, shut down temporarily
Snap quietly acquired 3D-scanning startup Th3rd last year
It was recently revealed that Snap, a major social media and technology company, quietly acquired 3D-scanning startup Th3rd last year. Th3rd is a 3D-scanning startup based in San Francisco, California that was founded in 2017. The company specializes in creating 3D-scanned objects and imagery that are used in digital experiences. In addition to 3D scanning,… Continue reading Snap quietly acquired 3D-scanning startup Th3rd last year