Ubisoft has acquired Action Pants, a dev studio in Vancouver. As far as I can tell, Action Pants has never developed a game, yet they have 110 developers in Vancouver. The first title is due to be...

GameFly has acquired ShackNews, according to a post on ShackNews website. GameFly is an online game rental service that allows members to rent console games with no charges or late fees, just as LoveFilm does for movies....

Develop reports that German developer Crytek has acquired the business and assets of Free Radical from the administrator, saving 43 jobs. The fact that Free Radical owned the intellectual property to some of its games must have...

Linden Labs has acquired two virtual goods business within Second Life. The companies (OnRez and Xstreet SL) offer Web-based marketplaces that sell custom skins and kit for ingame avatars. For example, you buy a skin to make...

Sony Online Entertainment has acquired PoxNora, a trading card/online strategy game. PoxNora is a intriguing hybrid of collectible card-game and turn-based strategy. It looks to me like a cross between Heroes of Might and Magic and Magic: the Gathering....

In a blog post today, Roman Nouzareth announced that Cafe.com had sold digital distribution specialist Boonty to Nexway. Boonty was the original business of Cafe.com, founded in 2001 to offer digital downloads of premium games. The plan...

Racing game developer Blimey! Games, has emerged from the ashes of 10Tacle Games as Slightly Mad Studios. CEO of Blimey! Games Ian Bell, who previously founded Simbin Games, has concluded a deal with administrators David Rubin &...