— INM : The Indy publisher has appointed Vincent Crowley its new chief operating officer, following the promotion of Gavin O’Reilly to CEO in May. Crowley has been CEO of the company’s Irish division since 2002 and has carried out various roles for INM since 1990. As a result, the MD of INM’s Irish newspapers business Joe Webb is made CEO of the Ireland division. Release ....
Tradewest Games - the new name for the remains of Midway Games Europe - has promoted Nick Howard to managing director of the UK business. Howards was Euro sales director for Midway in Europe, and has also held positions at Koch and GSP. "We're delighted to have Nick as our new managing director," said Martin Spiess, CEO of Tradewest Games. "Nick has been a key contributor to our business...
In bid to expand into the networking industry, the leading computer manufacturer HP will be acquiring 3Com. The idea is perhaps to counter Cisco whose networking products dominate the industry. 3Com also sells the similar devices. The other reason could be to break the hegemony of one vendor in the networking scene and Cisco is a perfect example while 3Com on the other hand has been stagnant in growth....
As Midway Games crumbled and was eventually gobbled up by Warner Bros., the fate of franchises and licenses hung in the balance. Games like Mortal Kombat , Spy Hunter ... we were all concerned. But for those concerned about the fate of the Total Nonstop Action wrestling license, worry no more. In its financial report, SouthPeak Interactive revealed that it had acquired "certain assets" from...
ComScore , the web measurement and analytics company has bagged Certifica , which provides similar services. Certifica is based in Latin America and the purchase would help comScore have some influence in the region as well. We aren’t aware of the terms and finances of the deal. As for Certifica, the web analytic company has existed since 2000, providing stats on the Internet usage in the region....
A United States District Court judge has dismissed a lawsuit brought against Midway Games by a group of shareholders who had alleged that the company artificially inflated its stock by deceiving the public. Filed by Joseph Zerger, “on behalf of himself and all others similarly situated,” the suit targeted Midway Games’ Steven Allison, James R. Boyle, Miguel Iribarren, Thomas Powell...
You know how this works: You're a shareholder in a major company -- let's say a major video game publisher like ... Midway Games -- and while the suits assure you that, despite lagging sales and a lousy portfolio, everything's going to be "OK!" Things started looking dodgy when CEO David Zucker abandoned ship in March of 2008
A US District Court judge has ruled in favour of former Midway Games executives, following a case brought by shareholders that alleged the company had tried to hide the truth about its financial status. Shareholders lost millions when the company was sold to Warner Bros earlier in the year, after majority shareholder Sumner Redstone controversially sold his 87 per cent stake to investor Mark Thomas...
Looks like Digg found Kevin Rose’s Twitter directory worth having as it acquired WeFollow . The site lets users visit the site and and have themselves registered there. The site has grown quite exponentially over time with more than 650,000 followers. Well there has been no cash paid for this acquisition and it’s more like a transfer of personal ownership to Digg and with this, Digg will...
Here comes news of quite an important acquisition in the Arab world as Smashing Magazine acquired Noupe , an Egyptian blog. Why? Well because Smashing Magazine is the most popular web development and design website with over 4 million visitors a month while Noupe also focuses on both design and development of websites. We aren’t aware of the cash value of this acquisition but I bet its quite...
Here comes another news of a .com being sold for a high price, Insure.com was sold for a staggering $16 Million! This makes the Candy.com acquisition pretty low. This one makes a huge leap, given that it was bought for a tenth of its sale price. The site existed as an insurance broker and has been acquired by QuinStreet . The acquisition is the highest in the current year amongst the many domain purchases...
Next week Robomodo president Josh Tsui joins us live on Kotaku Talk Radio to chat about his company's upcoming game Tony Hawk: Ride. Before co-founding Robomodo in 2008, Tsui worked at Midway Games...
OnLive , the connected gaming technology company founded by Apple alum Steve Perlman, just received a major dose of credibility in the form of a double-digit round of funding from big, new investors like AT&T. Perlman didn’t disclose the amount, but said it was “much larger” than the company’s first two rounds; an SEC filing shows that OnLive raised $16.5 million from Warner...
Agent Red, aerial perfromer. Image courtesy of Art Outside. As we've mentioned , this year's Art Outside is going to be bigger and better than ever before. One of the areas where this is most evident is in the ambitious line-up of performance artists that have signed on to participate in the event. In addition to a full scheduled of bands and DJ as well as dozens of visual artists, Art Outside will...
Finnish mobile manufacturing giant, Nokia is set to expand its territories further as it acquired travel social network Dopplr . The service provides users a place to share the future travel plans they have with friends. The acquisition has cost Nokia somewhere in the range of $15 to $22 Million and has been made right when Dopplr was anticipating a new round of funding. The social network had been...
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