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The latest information on metrics, trends, financial performance and fund raising in tech and gaming.
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Blippar raises $54 million to continue its mission to 'build something bigger than the internet itself'

Blippar raises $54 million to continue its mission to 'build something bigger than the internet itself' | Deals + Numbers | Scoop.it

"Blippar, the company best known for its augmented reality app, has raised $54 million in Series D funding to help towards it pivot to building a 'visual browser.'

 

The company's CEO and cofounder Ambarish Mitra told us last year "what I'm trying to build is bigger than the internet itself."Blippar wants to build a visual catalog of every object in the world, using image recognition technology and machine learning, rather than simply tagging them with chips. The idea is that the visual browser could recognize everything a user points their smartphone camera at — from The Empire State Building, to a dog, which constantly changes its characteristics.

 

The round was led by Khazanah Nasional Berhad, the strategic investment fund of the government of Malaysia, which has also previously invested in technology firms including Chinese e-commerce giant Alibaba and British travel search site Skyscanner.

The round also included follow-on funding from Blippar's existing investors and brings the 5-year-old London and New York-based company's total funding to $99 million."

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GREE launches $12 million VR investment fund

GREE launches $12 million VR investment fund | Deals + Numbers | Scoop.it

"GREE has launched a $12 million investment fund for early-stage companies focused on virtual reality, augmented reality and mixed reality.

 

The GVR Fund, which will be managed by the US-based GREE VR Capital, LLC, will not be limited to gaming companies, but it's primary focus will be young companies looking for accelerated growth. Colopl VR Fund and Mixi are also involved as Limited Partners."

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What’s Behind Zynga’s Decision to Put Its Shiny HQ Up for Sale?

What’s Behind Zynga’s Decision to Put Its Shiny HQ Up for Sale? | Deals + Numbers | Scoop.it

Zynga hopes to sell San Francisco headquarters that was once the envy of the startup world.

 

Bosanac is co-founder of The Registry, a San Francisco real estate magazine. He says Zynga could hit the jackpot with the sale. Bosanac estimates the building is worth about double the $228 million Zynga paid for it."

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Delaware North acquires social casino developer Ruby Seven Studios

Delaware North acquires social casino developer Ruby Seven Studios | Deals + Numbers | Scoop.it

"Buffalo-based regional casino operatorDelaware North has acquired social casino developer Ruby Seven Studios.

On Thursday, Delaware North announced that it had acquired 100% of Ruby Seven for an undisclosed sum. The purchase was made six months after the two companies had formed a strategic partnership to develop and deploy free-to-play online casino games. Ruby Seven’s equity had previously been held by investors including Rush Street Gaming.

 

The privately-held Delaware North says the deal will allow it to launch social casino operations at the casinos and racinos it manages across seven US states as well as with other brick-and-mortar casino operators. Delaware North also operates a range of non-gaming venues, including resorts in Australia, US state parks and food services at airports around the globe."

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Kopla Games raises €700,000 seed funding

Kopla Games raises €700,000 seed funding | Deals + Numbers | Scoop.it

"A team of Rovio veteran has raised €700,000 in seed funding for their new studio, Kopla Games, adding to a €100,000 pre-seed round from 2015.

 

The seed funding came from Klaas Kersting, the founder of Gameforge and Flaregames, and an early stage investor in Supercell. Kopla's €100,000 pre-seed round came from Sisu Game Ventures, among others.

 

The studio was founded at the start of 2015, by a team that, for the most part, had worked on Angry Birds at Rovio."

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Glu Mobile (GLUU) Stock Surges After Launching Kendall & Kylie Game

Glu Mobile (GLUU) Stock Surges After Launching Kendall & Kylie Game | Deals + Numbers | Scoop.it
Glu Mobile (GLUU) stock is climbing in mid-morning trading on Thursday after the company launched the "Kendall & Kylie" game.. Glu Mobile Inc(GLUU)
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InnoGames’ mobile stable sees 100% growth in 2015 thanks to Forge of Empires

InnoGames’ mobile stable sees 100% growth in 2015 thanks to Forge of Empires | Deals + Numbers | Scoop.it

"InnoGames announced today that it achieved revenues of $111.14 million in 2015, a growth of 25 percent from 2014. InnoGames, which has offices in Hamburg and Dusseldorf, attributed the increase to its successful cross-platform strategy game Forge of Empires, which is available on mobile an browsers. It noted that revenues from just its mobile games was up 100 percent from 2014. InnoGames has a total of 150 million registered players worldwide." 

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Candy Crush Jelly Saga Tops Android Trending Chart in January

Candy Crush Jelly Saga Tops Android Trending Chart in January | Deals + Numbers | Scoop.it

"Data analytics company SimilarWeb has released new data revealing the most trending Android apps in the U.S. in January. King’s Candy Crush Jelly Sagatopped the chart in January, increasing 7,525 places in the U.S. during the month.


SimilarWeb ranks apps based on current installs and active users. According to its data, by the beginning of February, the match-three puzzle game was installed on 2.16 percent of all Android devices in the U.S., with an average session length of seven minutes and 29 seconds."

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Glu announces $7.5M investment in QuizUp developer ahead of TV show, may lead to a full acquisition

Glu announces $7.5M investment in QuizUp developer ahead of TV show, may lead to a full acquisition | Deals + Numbers | Scoop.it

"Mobile-game publisher Glu Mobile (Glu) has announced it’s investing “up to” $7.5 million in Plain Vanilla, the Icelandic game studio behind popular multiplayer trivia game QuizUp.


With 40 million registered users under its belt, Plain Vanilla revealed last October that it had teamed up with NBC to transform its hit game into a TV show, and it seems this deal was pivotal to Glu’s interest in Plain Vanilla. Indeed, the two companies now plan to co-develop the QuizUp TV show alongside NBC and ensure the program receives maximum exposure to viewers globally. If all goes according to plan, this will drive downloads of the QuizUp mobile app, and in turn this may open opportunities for Glu to do some cross-promotion of its own in its own properties. This could lead to Glu’s ultimate move — buying Plain Vanilla outright."

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Can Activision Blizzard create the ESPN of eSports? Gamers are skeptical

Can Activision Blizzard create the ESPN of eSports? Gamers are skeptical | Deals + Numbers | Scoop.it

Basim Usmani: A company maligned by fans is placing a $48m bet that it can create the ESPN of gaming, but the scene’s greatest successes have come organically.



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GAN Teams with Borgata, Lady Luck for Social Casino Games

GAN Teams with Borgata, Lady Luck for Social Casino Games | Deals + Numbers | Scoop.it

"GameAccount Network plc has signed a partnership with New Jersey’s with Borgata Hotel Casino & Spa for the launch of Borgata’s Simulated Gaming free-to-play online experience.

Though Borgata operates two real-money online gambling sites—BorgataCasino.com and BorgataPoker.com—players must be physically located in the state to play. The new system will allow out-of-state customers to experience Borgata’s online play, according to a press release.


The feature operates through GAN’s GameSTACK internet gaming system. It will be operated on-site at the casinos and is expected to launch both on the web and mobile devices in the first half of 2016. The system integrates the Borgata’s social online offerings with the casino’s My Borgata Rewards loyalty program, the release said."

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New report shows how eSports is rivaling plain ol' sports

New report shows how eSports is rivaling plain ol' sports | Deals + Numbers | Scoop.it

"A new report by L.A.-based creative agency Sparks & Honey predicts that by 2017, eSports will be attracting more viewers than the most popular sports event in North America, the Super Bowl. 


Although it could be deemed unfair to compare a year's worth of eSports events to one, albeit popular, game of football, it's been decades since any other sport came close to rivaling the NFL's flagship event, which had an average audience of 114.4 million this year. "

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Activision Hits New 52-Week High on Holiday Gaming Binge

Activision Hits New 52-Week High on Holiday Gaming Binge | Deals + Numbers | Scoop.it

"Activision Blizzard, Inc. reached a new 52-week high of $38.76 in yesterday's trading session, closing a bit lower at $38.57. While the company has had a bull run for quite a while now, the recent high is primarily attributable to the holiday season binge.


Overall, the second half of this year, has been phenomenal for Activision with its addition to the S&P 500 Index Following this, the company announced its decision to acquire Candy Crush maker King Digital Entertainment plc 
 for $5.9 billion. The acquisition is especially important for Activision as it will expand its presence in the lucrative mobile gaming business (which otherwise had been a sore point for Activision)."

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NYX seals £270m acquisition of OpenBet with help from William Hill and Sky Betting

NYX seals £270m acquisition of OpenBet with help from William Hill and Sky Betting | Deals + Numbers | Scoop.it
NYX Gaming confirms £270m acquisition of betting tech firm OpenBet, thanks to £100m contribution from William Hill and Sky Betting & Gaming.
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Alibaba investing in 1200 Chinese eSports events in 2016

Alibaba investing in 1200 Chinese eSports events in 2016 | Deals + Numbers | Scoop.it

"Alibaba, China's leading e-commerce company, has signed a deal with YuuZoo to launch a massive eSports initiative across China in 2016.

 

YuuZoo, which is listed in Singapore, has experience in organising Chinese eSports events through its YuuGames subsidiary. It was the company behind the Electronic Sports China Cup and China Internet Gaming, both of which were organised in conjunction with, "Chinese government entities."

 

Now, Alibaba is expanding its AliSports division - which launched in September last year - to encompass eSports, paying YuuGames a "multi-million US dollar fee" to run AliSports' World Electronic Sport Games (WESG) tournament and manage its eSports Club Competition Centres, of which there are 20 spread across China. Alibaba is investing ¥100 million ($15.5 million / €13.6 million) in WESG alone. The tournament will start this month, with participants competing for ¥35.6 million ($5.5 million / €4.8 million) in prize money."

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PC to dominate $100bn games market in 2019 - DFC

PC to dominate $100bn games market in 2019 - DFC | Deals + Numbers | Scoop.it

"According to DFC Intelligence,  the games market will be skewed much more heavily in favor of the PC in the next few years. The global game software market is forecasted to surpass $100 billion by 2019, fueled by PC, which will be the single largest platform at $36 billion (that's an increase of 35 percent from the $28 billion generated in 2015).

 

'A major driver of industry growth is not just software but hardware,' said DFC analyst David Cole. 'The emergence of eSports and virtual reality is driving consumers to buy high end PC systems to not only play games, but watch others playing games.'"

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This Is Why Tencent's Stock Is Surging

This Is Why Tencent's Stock Is Surging | Deals + Numbers | Scoop.it

"The half of China’s economy that hardly shows a hint of slowdown: consumers.

 

Tencent, one of the squarely consumer-facing companies in China, released fourth-quarter earnings yesterday that blew past rosy analysts’ predictions: Sales grew 45% from the year before, to 30.4 billion RMB, and non-GAAP net income rose 38% to 8.9 billion RMB. The stock jumped almost 4% on the news, capping a 20% rise over the past year.

 

The tech giant that has gotten used to being overshadowed by Alibaba BABA 2.06% runs a Facebook-like social network complete with ubiquitous messaging system WeChat, a fast-growing online payments business that probably handled $46 billion transactions this January, as well as the largest online games platform in China, which contributes just over half of Tencent’s sales; that division grew revenues 33% in the quarter."

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Yahoo exploring sale of billions in 'non-core assets', says CFO

Yahoo exploring sale of billions in 'non-core assets', says CFO | Deals + Numbers | Scoop.it

"Yahoo is exploring the sale of $1bn to $3bn of patents, property and other “non-core assets”, its chief financial officer said on Thursday.

 

 

Yahoo CFO Ken Goldman told the Morgan Stanley Technology, Media and Telecom Conference that a committee – created to explore alternatives to the company’s plan to spin off its core business – is looking at quick sales of assets.

Goldman said patents, land, property and “non-core units or businesses” are all on the table for potential sale, and the company has sold or licensed more than $600m in patents over the last three years."

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FunPlus launches $50 million fund for indie, mobile games

FunPlus launches $50 million fund for indie, mobile games | Deals + Numbers | Scoop.it
Mobile developer and publisher FunPlus today announced a new $50 million fund aimed at indie developers -- primarily, but not exclusively, mobile-focused teams.
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Hasbro, Mattel Said to Have Held Talks About Possible Merger

Hasbro, Mattel Said to Have Held Talks About Possible Merger | Deals + Numbers | Scoop.it
Mattel Inc. and Hasbro Inc. have held talks about merging two of the world’s biggest toy companies, according to people familiar with the matter, in a deal that would bring together the manufacturer of Hot Wheels with the maker of My Little Pony.
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Taylor Swift to Launch Her Own Mobile Game

Taylor Swift to Launch Her Own Mobile Game | Deals + Numbers | Scoop.it

"Swift, best-selling artist and winner of seven Grammy Awards, will work exclusively with Glu Mobile on the development of a new mobile game. The deal, announced Wednesday, marks Swift’s first foray into the mobile gaming space.


The game is currently slated for global release in late 2016. Glu Mobile said it will provide additional details regarding the game’s development and Swift’s involvement at a later date.


Swift has an enormous social following, including 74 million fans on Facebook, 70.4 million on Twitter, 64.8 million on Instagram and 18 million on Vevo. 


Star-driven free-to-play games have been a success for Glu: Its first celebrity-based game, “Kim Kardashian: Hollywood,” generated $43 million in its first three months."

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Investments In Virtual And Augmented Reality Hit Nearly $700M in 2015

Investments In Virtual And Augmented Reality Hit Nearly $700M in 2015 | Deals + Numbers | Scoop.it

"The virtual fire continues to heat up beneath the AR/VR industry with investments continuing to build and soar. According to a report from Digi-Capital, AR and VR investments are taking off pretty rapidly with nearly $700 million being invested into the space in 2015.


The overall trends show investment steadily rising. The report notes that there “have now been 6 straight quarters of AR/VR investment growth, with a quarter of a billion dollars invested in Q4 2015 alone at nearly 6x the rate of mid-2014.”

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Kabam sells off ‘classic’ mobile games to China’s Gaea to focus on bigger titles

Kabam sells off ‘classic’ mobile games to China’s Gaea to focus on bigger titles | Deals + Numbers | Scoop.it

"In order to focus on its biggest games, Kabam has sold off its classic mobile games and third-party publishing business to Chinese game firm Gaea Mobile for an undisclosed price.


The change is a big deal for Kabam, which has decided to double down on high-profit, big-name titles such as Marvel Contest of Champions. That title is the company’s current flagship. It has growing momentum, and it is about to be published through a joint partnership in China.


But it carries some risks, as Kabam will concentrate its attention, resources, and business expectations on just a handful of titles. It is selling off mobile titles that include Kingdoms of Camelot, The Hobbit: Kingdoms of Middle-earth, and Dragons of Atlantis. All three of those franchises have generated more than $100 million each for Kabam."

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Apple Selects Best Apps, Games of 2015

Apple Selects Best Apps, Games of 2015 | Deals + Numbers | Scoop.it

"Apple selected Twitter‘s live-streaming app, Periscope, as its app of the year for 2015, with Lightrick‘s photo editing app, Enlight, andRobinhood Markets‘ stock trading app, Robinhood, claiming second and third place, respectively.


For games, Square Enix‘s puzzle game, Lara Croft GO, topped the list, followed by Bethesda‘s vault-building simulation game, Fallout Shelter, and 1Button‘s one-button platformer, Mr Jump, in second and third place, respectively."

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Tencent purchases remainder of League of Legends dev Riot Games

Tencent purchases remainder of  League of Legends  dev Riot Games | Deals + Numbers | Scoop.it

"Chinese internet and game giant Tecent has snapped up the remainder of the equity in League of Legendsdeveloper Riot Games, making it a fully-owned subsidiary of the company. Tencent originally bought a majority stake in Riot in 2011."

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