• 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