Copyright © 2016
Tag - Ngmoco
iOS developer Ngmoco has bought out a San Francisco-based firm, Lionside, reports say. The latter is best known for making Facebook sports games, including NBA Legend, which at one point is said to have had as many as a million players a month. The cost of the acquisition is unknown, but Ngmoco is more likely to take Lionside's properties and convert them into iPhone and iPad games, rather than build new Facebook titles.
Kleiner Perkins Caufield & Byers at an event Thursday provided a look back at the performance of the iFund slightly more than three years since it was first started. The group considered it a success as it had decided to fund 25 companies that, combined should have 300 million downloads by the end of 2011. Two of the companies, ngmoco and Pelago, had found buyouts, while exercise-oriented Worksmart Labs was getting funding to expand beyond Android and develop iOS apps.
Venture capitalists at DCM on Thursday unveiled an Android equivalent to the well-known iFund. A-Fund will give startups and other companies a total pool of $100 million to support apps, hardware, and services for Android. The funding will get help from Japanese carrier KDDI, local social network GREE, and Tencent, the founder of Chinese portal QQ.
A Japanese developer, DeNA, is buying American outfit ngmoco in a deal which could be worth up to $403 million, according to Reuters. At least $303 million is being offered in cash, shares and stock options, while the remaining amount is contingent on ngmoco's 2011 sales. ngmoco was one of the first high-profile developers of iOS games, and is responsible for titles like We Rule, GodFinger and Rolando.
Google Ventures, the search company's venture capital division, has reportedly invested in the successful App Store developer ngmoco. The money is said to have been part of a new round of funding, likely fetching between $3-5 million, sources have told TechCrunch.
Ngmoco is set to release six games specifically designed for the iPad, according to a GamePro report. The company is working in collaboration with its recent acquisition, Freeverse, to prepare several games for availability shortly after the iPad begins shipping.
iPhone game developer ngmoco has acquired Freeverse, another leading game producer. Ngmoco CEO Neil Young also helped the company raise $25 million in series C funding, according to TechCrunch. The latest round of investment reportedly includes Institutional Venture Partners, Kleiner Perkins, Norwest Venture Partners, and Maples Investments.
Now AAPL Stock: 93.99 ( + 0.29 )
Google killing Picasa starting May 1
Google Photos head Anil Sabharwal confirmed in a blog post today that the search engine giant will be shutting down acquisition Picasa. Support and downloads for the desktop application will terminate on March 15 with the application continuing to work for the time being. The transition to Google Photos truly commences on May 1, with deprecation of some Picasa API calls happening shortly thereafter. Users that have Google Photos access will find their photos already migrated. A mass-download tool for users not wishing to use Google Photos will be available sometime after May 1. http://bit.ly/1SmV2KH
Rogue Amoeba Piezo updated, departing App Store
In order to continue working on audio capture tool Piezo, developer Rogue Amoeba has simultaneously updated the app to version 1.5, and announced that it will pull version 1.2.6 from the Mac App Store. Customers who own the Mac App Store version have a one-time migration process to the Rogue Amoeba-served version. The company notes that the sandboxing restriction placed on Mac App Store versions "effectively stopped our ability to upgrade Piezo in any meaningful way." [8.80MB] http://bit.ly/1PIjz7l
FCC spectrum auction will happen without Google
After throwing its hat in earlier, Google (and associated companies) has declared that it is not participating in this year's FCC spectrum auction. A company spokeswoman said of the auction that "like all those interested in improved connectivity and equitable access, we'll be following the upcoming spectrum auction closely. That said, we have not filed to participate." http://on.recode.net/1oy5LWk
iPad Air 3, iPhone 5se sold Friday after launch?
Reverting the way products are actually released by Apple after an announcement to the way it was a decade ago, reports are circulating that new products revealed at a March announcement will go on sale the Friday immediately following the unveil. Slated to appear at a conjectural Tuesday, March 15 event are a new Apple four-inch phone with more up to date internals currently referred to as the iPhone 5se, and a new iPad Air 3 model with Smart Connector and other enhancements. http://bit.ly/1o7mqiY
Lexmark prevails in toner import appeal
Printer manufacturer Lexmark has won an appeal on the third-party US resale of its printer cartridges originally destined for markets outside North America. The appeals court ruled in a 10-2 vote in favor of Lexmark's demand to stop the sale and against Impression Products, both on the toner cartridge resale matter, as well as a related matter regarding overturning the reseller's refilling one-use cartridges and selling those in the US market. The ruling has ramifications in the tech industry, as well as the pharmaceutical and medical technology markets. Impression Products promises an appeal before the supreme court. http://reut.rs/1SLVmmG
AT&T expands BOGO promo to iPhone 6s
Beginning today, new and existing AT&T customers can purchase a new iPhone 6s and get another one free when adding a second line. Over the weekend, customers must purchase two phones through AT&T Next (one can be an existing number), and add both phones to a qualified plan. AT&T notes that "after three bill cycles or less" the account will start to receive up to $650 spread out over 30 monthly bill credits to offset the cost of the installment plan for the phone. Taxes are due at time of sale. http://soc.att.com/1SLUP4k
Google prevails in UK street mapping case
Possibly setting the stage for other court battles in the UK, a High Court fight between Google and StreetMap.EU has concluded in Google's favor. StreetMap.EU claimed that Google's dominance in the field destroyed the 20-year-old firm's business, when Google started promoting its own service in search results over the older company's -- the judge disagreed. Commercial director Kate Sutton said after the judgment that "StreetMap has been frozen in time; because of what Google did, StreetMap has not been able to properly invest in the website since 2007." An appeal is planned. http://bloom.bg/1KKhECt