GameCyte

Pachter Says EA’s Persistence May Pay Off

February 22nd. April 11th. May 16th. June 16th. July 18th. What do these disparate days have in common? They’re all seemingly arbitrary ‘expiration dates’ by which Take-Two or its shareholders had to either fork over the company to Electronic Arts in exchange for $25.74 per share, or risk the unthinkable — a one-month extension. CNET [...]

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Square Enix Contemplating Investment in Rival Game Companies

We all know that game companies are acquisition happy. Take a look at EA and their ongoing courtship with Take-Two, if you need a reminder. Then, over on the continent (by which I mean Europe), Infogrames recently sought to buyout SCi. It turns out that the Americans and the French aren’t the only covetous people [...]

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Social Game Portal Kongregate Receives $3 Million

Kongregate, the Flash game website home to such illuminaries as Desktop Tower Defense, has just announced an influx of $3 million from Bezos Expeditions. In the same breath, the company also disclosed the hiring of Lee Uniacke, formerly of Viacom, as chief revenue officer.

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SCi Rejects Infogrames Buyout Bid, Accepts Warner Bros. Investment

The acquisition hunger that afflicts game publishers has apparently extended to ye olde Europe. Infogrames recently acknowledged that the company made a buyout bid for SCi. This revelation comes on the heels of SCi’s announcement that the U.K.-based company has received an influx of capital from Warner Bros.

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