Archive (Page 3897)

Serious games developer Destineer has secured a new investment of USD 12 million from private equity firm The Exxel Group, to be utilised for the development of unannounced PC and console titles.

Reports in British newspapers this week have indicated that publisher SCi may be the mystery bidder who is in "advanced discussions" to buy its smaller rival Empire, after the firm announced plans to raise a GBP 17.4 million pound acquisition warchest.

Sony Corporation is expecting substantial first year losses from the launch of its PlayStation 3 console in November, its Q4 financial statement revealing a gloomy forecast for the currently profitable games division.

French software publisher Ubisoft has revealed its fourth quarter financial results, beating previous guidance and showing positive gains in market share, primarily driven by its next-generation titles on the Xbox 360.

Microsoft revealed a Q3 loss of USD 388 million in its Home and Entertainment division, which houses the Xbox 360 console, despite a gain in revenue and an overall profit for the company.

UK-based SEGA Driving Studio's first project will be a next-generation version of one the publisher's most popular arcade brands - and will be shown at E3.

Board appointments cement market position following $12 million funding round

SEGA Redefines the Rally Racing Genre with Revolutionary Track Deformation Technology

Extreme rally fun returns for Next-Gen consoles!

Celebrities and Hollywood Insiders Celebrate Gaming Elite at Access E3 2006

ALL IN-GAME CHARACTERS ACT LIKE REAL PEOPLE WITH THIS REVOLUTION IN BEHAVIORAL SIMULATION, ENSURING A DIFFERENT EXPERIENCE EVERY TIME YOU PLAY

Leader in Video Game Monetization Launches In-Game Advertising Solution

The official name of Nintendo's next-generation games console is "Nintendo Wii". "Wii will break down that wall that separates video game players from everybody else," the company said today.

8bit Games signs up for delivery of wireless gaming portfolio

The organisers of Europe's largest videogames trade and consumer show, Game Convention, have announced that exhibitor registrations are running at their highest level ever - with a number of new initiatives set boost the show even further.