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Social gaming comes of age: Social gaming companies trouser half a billion dollars in just one week
For anyone who thinks that social games are not real business, last week proved them so wrong. Between 10th and 17th November nearly every major social games company raised money or was bought, and one or two...
- Posted 15 years ago
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Habbo Hotel publisher Sulake to lay off 40 staff
All is not well in the virtual world of Habbo Hotel. Parent company Sulake is starting the negotiation process to make 40 layoffs amongst its 200-strong Finnish workforce (the company employs 300 people globally). Habbo Hotel was...
- Posted 15 years ago
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Balderton Capital raises $430 million to spend on tech and media investments
Despite the financial gloom, Balderton has raised $430 million (£282 million) to invest in the media and technology sectors. Balderton is a cheerleader for the games and online entertainment sectors. Their investments include casual games portal Big...
- Posted 16 years ago
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Codemasters is wildly optimistic if it believes an IPO is possible in 2009
You may be forgiven for having missed this interview with Rod Cousens of Codemasters in the Financial Times on Boxing Day last year. Rod says that the company, majority-owned by private equity firm Balderton Capital, is in a...
- Posted 16 years ago
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Big Fish raises $83 million from top tier investors
Big Fish, the casual games company, today announced that it had raised $83 million from top tier investors including Balderton, General Catalyst and Salmon River. Balderton, of course, owns 100% of Codemasters, a stake in Habbo Hotel...
- Posted 16 years ago