Tag: Takeover
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Digital Comics Platform ComiXology to be Acquired by Amazon
As the title may suggest the online retail giant that is Amazon, recently announced that it is looking to acquire cloud-based digital comics platform comiXology. Terms of the deal have not been disclosed as with standard practice in a takeover, although we can expect it to be completed in the coming months. ComiXology had this…
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Extra Life: GAME to be Saved by OpCapita Buyout (Now Confirmed)
The ailing GAME Group could receive something of a 1up in the form of a buyout, which should be announced tomorrow morning. GAME Group, which consists of the GAME and Gamestation video game chains, is currently in administration. However, both The Telegraph and the BBC report that OpCapita will be taking over the firm, paying…
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GAME Removed from Stock Exchange, Files for Administration
The ailing GAME Group has today removed itself from the London Stock Exchange, with many people now expecting the company to enter voluntary administration imminently. The board of the GAME Group has said that it sees “no equity left in the Group”, and has made the decision to delist the company as of today. A…
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Sony to Drop Ericsson Brand from Smartphones in 2012
If recent reports are to be believed, it’s expected that Sony will drop the Ericsson brand from its smartphones starting in mid-2012. This step was widely expected to happen back in October when Sony acquired the 50% stake owned by Ericsson for an eye-watering €1.05 billion. In an interview with Times of India, a Sony…