Epic Games Gives Big Huge Game Employees New Home

Aug. 10, 2012 • While most of the fallout from the demise of 38 Studios earlier this year was concentrated in Rhode Island, the bankruptcy also cast adrift the Big Huge Games team based in Maryland. As is now coming to light, Epic Games came to the rescue in June and picked up a good number of the Big Huge Games team to launch Impossible Studios in Hunt Valley, Maryland. Heading up Impossible is Sean Dunn, who was studio general manager at Big Huge Games. Althou.....

Sony Acquires Gaikai

JULY 2, 2012 • A month removed from the Electronic Entertainment Expo one of the bigger rumors from the show has come to pass: Sony Computer Entertainment has acquired cloud streaming service Gaikai for $380 million. With plenty of electronic devices that can benefit from Gakai’s network, the acquisition is clear win for Sony at a modest cost investment. Sony fully intends to utilize Gaikai as the foundation of its own cloud delivery service. What Sony wil.....

Nexon Acquires inBlue

JUNE 28, 2012 • Looking to bolster its social mobile game development holdings, Nexon Co., Ltd. acquired all outstanding shares of inBlue,inc, which creates content for the GREE and Mobage platforms in Japan. The acquisition comes after the recent purchase of Moyasoft Co., Ltd., a Korean social game deve.....

Nintendo Summer Bonuses is Cut

JUNE 11, 2011 • The Nikkei business daily reported that Nintendo summer bonuses to its employees will be cut by 20% this year as a result of poor performance that culminated in the company’s first annual operating loss of ¥37.3 billion ($470 million). Japanese workers typically receive bonuses in su.....

Barnes and Noble Spins Off Nook Tablet

APRIL 30, 2012 ● Barns & Noble plans to spinoff its Nook tablet business into a separate company in order to better compete with Amazon.com’s Kindle products. To that end, Microsoft Corp. is investing $300 million into the new company, and will own 17.6%. The partners hope to speed up of the launch of the Nook bookstore worldwide, as well as intoducing more Nook e-readers and tablets on a faster basis.  In related news, Target Stores.....

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