This content is from: Portfolio
Disney Plans $500M Playdom Takeover
Disney offers to pay more than $500 million to Playdom, a game developer with a focus on social, online games.
Walt Disney is seeking to acquire game maker, Playdom, The Wall Street Journal reports. The media and entertainment conglomerate has offered to pay more than $500 million to the game developer with a focus on social, online games.
Disney is already an investor in Playdom through the entertainment company’s venture-capital fund, Steamboat Ventures. Disney recently acquired Tapulous, a maker of music games for the iPhone and other Apple devices.
Click here for the complete story.