GRAVITY Co., Ltd. (Nasdaq:GRVY) ("Gravity" or "Company"), an online game developer and publisher based in South Korea, today announced that it signed an agreement on September 28, 2010 to acquire a 50.8% equity interest in Barunson Interactive Co., Ltd. ("Barunson Interactive"), an online game developer based in Korea. The purchase price is KRW 11,688 million (approximately US$10,126 thousand). The closing of transaction is expected to occur on or about October 25, 2010 subject to customary closing condition. Upon closing of the purchase of the shares, Gravity will acquire control over the management of Barunson Interactive and will be in a … Continue reading Gravity Set To Acquire Barunson Interactive →

E-Line Media and the Institute of Play announced today the launch of Gamestar Mechanic, a game-based learning platform that teaches the principles of game design as a form of 21st Century skill building in a highly engaging and creative environment. Gamestar Mechanic was created through a unique public private partnership that includes leading foundations, non-profits, academia and the game industry. Development of the game was initially funded through a grant from the John D. and Catherine T. MacArthur Foundation to the Institute of Play. The game is being published by E-Line Media. The Gamestar Mechanic platform taps into the natural … Continue reading Gamestar Mechanic Educational Title Released →

iPad, iPhone, iPod touch, Android and Windows PC users will soon be able to explore the persistent virtual world of Pocket Legends together, in the same shared server set — a first in the industry. Spacetime Studios, a Texas-based indie studio, is expanding operations following a recent round of funding from Insight Venture Partners, a leading global technology and internet investment firm. The investment will be used to extend Spacetime’s technology platform and pioneer new functionality for the mobile multiplayer gaming market. Capital will also be deployed to enhance the feature set of the Spacetime 3D MMO game engine, before … Continue reading Pocket Legends Mobile Game Expanding To PC →

Firaxis Games, celebrated developer of Sid Meier’s Civilization V, will deliver the keynote at the Building Iconic Online Games Summit, hosted by GameSpy Technology at GDC Online, in Austin, on Tuesday, Oct. 5, 2010. The Summit is a dedicated day of talks and tutorials aimed at helping development studios of all size better realize the value of online features in creating enduringly successful games. At this full-day event, industry leaders who’ve come, seen and conquered the online frontier will share their strategies for building the next iconic online game. Firaxis Games will present an in-depth look at its integration of … Continue reading Firaxis Staff To Deliver GDC Austin Keynote →

Game Trading Technologies, Inc. ("GTTI" or the "Company", OTCBB: GMTD), a leading provider of comprehensive trading solutions for video game retailers, publishers, rental companies and consumers, has appointed Rick Leimbach as Chief Financial Officer effective September 27, 2010. "Rick brings to GTTI many years of experience in public company finance and compliance with public companies and will be a vital asset as we pursue the high goals we’ve established for GTTI," said Todd Hays, CEO of GTTI. "Rick will oversee and work to enhance our internal financial processes and systems, as well as provide corporate representation to the investment community. … Continue reading Game Trading Technologies Appoints New CFO →

2K Games and Gearbox Software announced today that fans can now join the downloadable insurgency that is taking place on Pandora in Claptrap’s New Robot Revolution. Recruits can download the exciting fourth add-on content pack in the Borderlands series and take on the evil Ninja Assassin Claptrap via Xbox LIVE Marketplace for the Xbox 360 video game and entertainment system from Microsoft for 800 Microsoft Points and the PlayStationNetwork for the PlayStation 3 computer entertainment system and PC for $9.99. Claptrap’s New Robot Revolution invites recruits to attempt to beat down the deadly Claptrap revolution either as a lone gunman … Continue reading The Claptraps of Borderlands Revolt →

Join the quest to save rock, as Activision Publishing, Inc.’s (Nasdaq: ATVI) highly-anticipated Guitar Hero: Warriors of Rock hits store shelves nationwide today. Featuring the largest on-disc set-list ever in a Guitar Hero game, Guitar Hero: Warriors of Rock’s furious finger-fretting rock music collection is headlined by some of the largest bands in rock and includes original tracks, re-records and bands making their Guitar Hero debut. With the all-new, rock inspired guitar controller, gamers will embark on an epic journey from the halls of punk music to the lava fields of rock treachery in the first ever Guitar Hero story-driven … Continue reading Guitar Hero: Warriors Of Rock Attacks →

2K Games announced today that the swashbuckling adventure, Sid Meier’s Pirates!, is now available on the Wii system from Nintendo for $39.99. After a successful mutiny, gamers serve as the ship’s captain and helm one of 27 fully customizable vessels in and around the treasure-laden 17th century Caribbean islands. Either by their ship’s cannon or sword’s blade, players must fend off their foes while they explore the exotic islands and surrounding seas hunting for hidden treasure. "Spilling over with swashbuckling pirate exploration, Sid Meier’s Pirates! is one of those rare games that is fun for both fans of the original … Continue reading Sid Meier’s Pirates Sails For Wii →

Digital Development Management (DDM), the world’s leading video game talent and business representation agency, is launching a new Game Industry Services division within the company to help game publishers, brand & license holders and investors maximize their opportunities within the video game industry. The announcement was made today by DDM president, Joe Minton. DDM’s new Game Industry Services (GIS) division will leverage the company’s expertise in the video game industry to services beyond the traditional Game Studio Representation model. The GIS division will combine DDM’s industry reach and deep field expertise to provide high-level insight and services including consulting as … Continue reading Digital Development Launches Game Industry Talent Division →

Leading video games developer and publisher NAMCO BANDAI Games America Inc., today announced that Time Crisis: Razing Storm has gone gold for the PlayStation 3 computer entertainment system. The next iteration in the popular arcade shooting franchise will charge into homes with enhanced gameplay, a new multiplayer online battle mode and special content. Compatible with the PlayStationMove motion controller or Guncon 3, Time Crisis: Razing Storm will deliver the most intuitive point-and-shoot experience when the game is released throughout North America on October 19, 2010. Featuring four extensive gameplay modes, Time Crisis: Razing Storm combines the series’ traditional shooting action … Continue reading Time Crisis: Razing Storm Goes Gold →