AMD Radeon Gets Its Own Group

SEPT. 11, 2015 • This week, Advanced Micro Devices, Inc. created a separate AMD Radeon Technologies Group for its graphics business. The chipmaker is promoting Raja Koduri to lead the new group as senior vice president and chief architect. Koduri was director of advance technology development at ATI Technologies Inc. when it was acquired by AMD in 2006. He l.....

Ubisoft’s Malaysian Theme Park

SEPT. 8, 2015 • In partnership with local developer R. Segari Group (RSG), Ubisoft Motion Pictures has committed to a 10,000 square meter indoor Malaysian theme park in the heart of Kuala Lumpur. The development is expected to start construction in 2017 with completion in 2020. Ubisoft is committing both the intellectual property as well as entertainment expertise while RSG will provide funding and development. Virtual reality gaming experiences, plus tradition.....

Venture Capital, Mitch Lasky & Outpost

SEPT. 3, 2015 • Outpost Games, Inc. secured $6.2 million in funding from Benchmark back in July. The startup has plans to release PC games that incorporate a built-in platform for users to broadcast their in-game exploits to the web. Leading Benchmark’s investment was games industry veteran Mitch Lasky. The former publisher executive has been a partner in the Redwood City-based venture capital firm since 2007 and was instrumental in previously backing both.....

More Rovio Layoffs

AUG. 26, 2015 • More than a third of Rovio Entertainment Ltd.’s workforce will be laid off during the next six weeks to streamline costs. The Angry Birds maker plans to lay off 230 employees in Finland and another 30 overseas. The only projects not seeing staff cuts are employees in th.....

Mixi Monster Strike Revenue Soars

AUG. 19, 2015 • Japan’s social network operator Mixi, Inc. only has one mobile game to its credit, yet Monster Strike has been a revenue bonanza since hitting the market in October 2013. For the first fiscal year quarter ending June 30, the title generated ¥47 billion ($379 million). Although the game has been released in Taiwan, China, South Korea, Hong Kong, Macao and North America, the lion’s share of its receipts come in Japan where Monster Stri.....

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