playdom

  • The Hong Kong Firm Behind Those Quirky Animated News Shorts Bets $5M On Red Robot Labs

    The Hong Kong Firm Behind Those Quirky Animated News Shorts Bets $5M On Red Robot Labs

    The Yakuza, Chinese Triads and more. There’s just so many more mafias for Benchmark-backed mobile gaming studio Red Robot Labs to infiltrate. So the gaming company, which has made a huge bet on location, said it’s partnering with Next Media to enter Asian markets. (Yes, Next Media is the Hong Kong-based owner of that Taiwanese animation subsidiary that’s become infamous for… Read More

  • Zynga Is "Extremely Pleased" With Playdom/Disney Litigation Settlement

    A little over a year ago Zynga sued rival game startup Playdom for, among other things, misappropriation of trade secrets, breach of contract, breach of the duty of loyalty, tortious interference with contracts, tortious interference with existing and prospective economic advantage and unfair competition. The defendants included four ex-Zynga, then Playdom employees as well. It’s been… Read More

  • Former Playdom Employee Sentenced To Jail Time In Zynga Lawsuit

    Last fall Zynga sued rival gaming developer Playdom (recently acquired by Disney) for an array of issues including misappropriation of trade secrets, breach of contract, and breach of the duty of loyalty. In short Zynga accused Playdom of stealing its confidential ‘Zynga Playbook‘. The case continues, but the drama has reached its peak. The court today held one former Zynga and… Read More

  • Half Of All Facebook Users Play Social Games — It’s 40% Of Total Usage Time

    Half Of All Facebook Users Play Social Games — It’s 40% Of Total Usage Time

    Perhaps you’ve heard: social games maker Playdom was acquired by Disney a few days ago for a deal potentially worth north of $750 million. Playdom CEO John Pleasants took the stage today at our Social Currency CrunchUp in Palo Alto, to talk a bit about the deal and the future. Pleasants says that he’s not exactly sure what his title at Disney will be yet, but he thinks he’ll… Read More

  • Playdom Acquired By Disney For Up To $763.2 Million

    Disney has acquired social gaming startup Playdom, confirming our story from last week. The price – $563.2 million plus an earn-out of up to $200 million. Playdom’s last round of financing valued the company at $345 million, and the company has raised a total of around $76 million. Press release is below: Read More

  • Disney About To Acquire Playdom

    Disney About To Acquire Playdom

    Disney and social gaming startup Playdom are in “very” late stage acquisition discussions, we’ve heard from, oh, about seven independent sources, including sources close to Playdom, over the last several days. Internally the two parties have referred to the deal as “Project Platinum” based on due diligence documents we’ve reviewed. Some sources have said… Read More

  • Update: Playdom Paid At Least $850,000 For Hive7

    A couple of weeks ago, game developer and Zynga rival Playdom continued its shopping spree just after raising $33 million in funding, acquiring social gaming startup Hive7. What Playdom spent to buy the True Ventures-backed company wasn’t disclosed, but thanks to an SEC filing we now know that it concerned a mixture of cash and stock. The exact amount Playdom paid for Hive7 in cash… Read More

  • Playdom Keeps The Acquisition Fun Rolling With Virtual-World Startup Metaplace

    Social gaming company Playdom is definitely on an acquisition spree. Last month it bought Hive 7, this month it is Metaplace, a startup that launched at TechCrunch 40 in 2007. Metaplace has developed an in-browser virtual-world engine which can be applied to social games. Founders Raph Koster and John Donham previously worked at Sony Online Entertainment, where they helped develop games… Read More

  • Playdom Continues Shopping Spree; Acquires Social Gaming Startup Hive7

    Fresh off a $33 million funding round, Playdom is making its fifth acquisition of the year today. The gaming giant is buying social gaming startup Hive7. Terms of the deal were not disclosed. Hive7, which is backed by True Ventures and was founded in 2005, develops social games for Facebook and MySpace. The startup is best known for its flagship game, Knighthood, which combines combat and… Read More

  • Playdom Pulls Down $33 Million More In Funding – Disney's Steamboat Ventures Gets In On The Action

    Late last year we broke the news that social gaming startup Playdom closed a big round of funding at quite a healthy valuation: $43 million on a $260 million pre-money valuation. That’s not bad for a first round of financing. But the march of the social gaming giants continues. Zynga raised another $150 million earlier this month. And now Playdom is set to announce an additional $33… Read More

  • Social games developer Playdom begins European invasion

    Playdom, the Silicon Valley-based social games developer, has announced its intention to try and crack Europe. It’s planning an aggressive roll out this side of the Atlantic, aiming to create localised versions – French, Italian, German and Spanish – of its top titles, which include Mobsters, Tiki Resort and Big City Life, by the end of this year. The company’s… Read More

  • Game On – Playdom Begins European Invasion

    Playdom, the Silicon Valley-based social games developer, has announced its intention to try and crack Europe. It’s planning an aggressive roll out across the Atlantic, aiming to create localised versions – French, Italian, German and Spanish – of its top titles, which include Mobsters, Tiki Resort and Big City Life, by the end of this year. The company’s games… Read More

  • Playdom Acquires MMORPG Publisher Acclaim Games

    Playdom is continuing its shopping spree of game developers. The gaming giant is acquiring social game publisher Acclaim Games today. The terms of the transaction were not disclosed. Acclaim has built a name for itself in the casual and MMORPG gaming space. The company also has launched RockFree, a Facebook guitar game, in March 2010, which now has tens of thousands of daily active users. Read More

  • Six Months After Acquiring It, Playdom Is Killing Off Lil Green Patch

    Last November, popular social game developer Playdom followed up its $43 million funding round with news that it had acquired two smaller game developers, Green Patch and Trippert Labs. Green Patch is best known for its game Lil’ Green Patch, a gardening simulator that attracted users by promising to contribute to the Nature Conservancy. And now, less than six months after acquiring… Read More

  • Playdom Continues Shopping Spree; Acquires Social Game Developer Merscom

    Playdom is continuing its shopping spree today with the acquisition of social game developer Merscom. Terms of the deal were not disclosed. It appears that the acquisition is based around talent and Merscom’s branded games business. Playdom says that it plans to leverage Merscom’s expertise in working with IP owners as the gaming giant moves to develop partnerships with… Read More

  • Social Gaming Execs Discuss Growth, Monetization, And The Future Of Facebook Games

    Today at the Inside Social Apps conference in San Francisco, a panel of top social gaming executives met to discuss the future of gaming on Facebook. The conversation touched on quite a few issues, including the evolution of social gaming mechanics, monetization, and whether or not the industry would be able to continue its incredible growth over the next few years. One bold prediction… Read More

  • Playdom Nabs Fomer Yahoo And Microsoft Exec As CTO

    Social gaming company Playdom has hired David Sobeski, a former executive at Yahoo and Microsoft, as Chief Technology Officer of the company. Sobeski most recently served as a senior vice president at Yahoo, in charge of developing the company’s Open Strategy and Data platform as well as driving product and innovation strategy. Prior to joining to Yahoo, Sobeski was a general manager… Read More

  • Social Gaming Startup MetroGames Gets A $5 Million Infusion From Playdom

    Argentinian social gaming company MetroGames, has just raised $5 million in series A funding from game developer Playdom. According to a release, the investment will be used to expand MetroGames’ development of games and its social gaming platform. Playdom’s CEO, John Pleasants will join MetroGames’ board. MetroGames has over 30 games on both Facebook and its own… Read More

  • Playdom Acquires Facebook Game Developer Offbeat Creations

    Social gaming company Playdom has acquired Facebook game developer Offbeat Creations. The terms of the deal were not disclosed. Offbeat Creations has developed several popular apps on Facebook including Super Farkle. The acquisition will obviously boost Playdom’s presence on Facebook. The gaming company has largely been known as dominant on social network MySpace. Playdom’s lineup… Read More

  • Exclusive: Playdom Raises A Huge Round At A Huge Valuation

    It’s only a day after one of the big three social game developers, Playfish, announced a $400 million acquisition. And today we’ve confirmed that another one, Playdom, has done its own massive deal: $43 million on a $260 million pre-money valuation. New Enterprise Associates, Rick Thompson, Lightspeed Venture Partners and Norwest Venture Partners invested in the round. This is… Read More