Tameka Kee
Nov 10, 2009 12:01 PM
Virtual goods and micro-transactions have been driving the billion-dollar online games industry across Asia for years. And deals like EA’s $400 million buyout of social gamer Playfish, and Activision’s new virtual pets addition to World of Warcraft, show that virtual currencies have now evolved into a viable business model for…
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E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Media & Publishing, Money, Social Media, Virtual Worlds, Companies, Amazon, firstmark capital, livegamer, paypal, rick heitzmann, second life
Tameka Kee
Aug 24, 2009 6:00 AM
More consolidation in the in-game and social media commerce market—and it comes just as social media sites warm up to the idea of making money from virtual goods. Live Gamer has acquired rival virtual payments and analytics firm Twofish, in a combination cash and stock deal. Full financials weren’t disclosed,…
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E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Money, M&A & Venture Capital, Mergers & Acquisitions, livegamer, twofish
Tameka Kee
Jul 30, 2009 9:02 PM
In-game commerce firm Live Gamer has acquired N-Cash, a South Korean tech firm that powers micro-transactions and the virtual economies for more than 60 online gaming companies worldwide. Terms of the deal were not disclosed, though N-Cash President David Seo will remain in his current role. Joon Seog Park, former…
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E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Asia, Korea, livegamer
Rafat Ali
Dec 17, 2007 7:25 AM
LiveGamer, an in-game commerce and virtual trading firm, has received $24 million in its first round of funding. The round was led by Charles River Ventures, Kodiak Venture Partners and Pequot Ventures. The company, based in New York City, has not yet launched, but says has deals with Sony (NYSE:…
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Entertainment, Games, charles river ventures, kodiak venture partners, livegamer, pequot private equity
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