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 Monday, February 4, 2013 Kongregate Launches $10M Game Development Fund San Francisco-based Kongregate said today that it is launching a $10M fund, aimed at promoting independent game developers developing free-to-play games. According to Kongregate, the firm will offer distribution, financial assistance, consulting services and marketing support to developers as part of the new development fund, which will be headed by former Zynga general manager Panayoti (Pany) Haritatos. Kongregate's new fund is backed by parent fir (More info...) posted on Monday, February 4, 2013(Full story) Piston Cloud Gets $8M for OpenStack Software San Francisco-based Piston Cloud announced today that it has raised $8M, in a Series B funding round, for the firm's OpenStack distribution. According to Piston Cloud, the funding came from Cisco Systems, Data Collective, Swisscom Ventures, along with Divergent Ventures, Hummer Wi (More info...) posted on Monday, February 4, 2013 (More)(Full story) IGN Acquired By Ziff Davis IGN Entertainment, the San Francisco-based online publisher of video game, entertainment, and men's lifestyle websites, has been acquired by Ziff Davis, itself owned by J2 Global. Financial terms of the buy were not disclosed. J2 Global is the owner of a wide range of cloud-based software, communications, and services companies, including electronic FAX, email marketing, backup, and other services. IGN had been (More info...) posted on Monday, February 4, 2013(Full story) Oracle Acquires Acme Packet For $1.7B Redwood Shores-based Oracle announced this morning that it is buying Acme Packet, the developer of session border control technology, in a deal worth $1.7 billion. Oracle will pay $29.25 per share for Acme Packet, whose networking equipment is used by voice and data service providers, and enterprise customers. Oracle said it will make Acme Packet a "core offering" as part of its Oracle Communications portfo (More info...) posted on Monday, February 4, 2013(Full story) |
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