Virtual World Wrap-Up For The Week Of May 7, 2010

By On May 7, 2010 · Leave a Comment

Welcome to the Virtual Worlds News Wrap-Up for the week of May 7, 2010. The Wrap-Up is where VWN spotlights stories that we didn't get to cover individually, but still make for interesting reading about the virtual worlds industry. Tweet

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MiniMonos Raises Another $570k

By On May 7, 2010 · Leave a Comment

MiniMonos announced this week that it had raised another NZD$800,000 (about USD$571,000). The company previously raised a similar amount in February. The original investment group, which included Venture Accelerator Nelson and New Zealand’s Seed Co-Investment Fund, increased the amount it had previously committed to this tranche and has been joined by Movac, a key investor [...]

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MiniMonos Raises Another $570k

By On May 7, 2010 · Leave a Comment

MiniMonos announced this week that it had raised another NZD$800,000 (about USD$571,000). The company previously raised a similar amount in February. The original investment group, which included Venture Accelerator Nelson and New Zealand’s Seed Co-Investment Fund, increased the amount it had previously committed to this tranche and has been joined by Movac, a key investor [...]

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Nexon Seeks To Acquire GameHI

By On May 6, 2010 · Leave a Comment

Nexon has entered into exclusive negotiations to acquire online game developer GameHI, reports VentureBeat. That would be a coup for the casual games and free-to-play MMO developer.Just this week it announced the acquisition of  MMO developer NDoors.  Like NDoors, GameHI would add both talent and titles to Nexon's arsenal. The company is behind a popular online first-person [...]

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Hive Media Enters Branded Social Games Market

By On May 6, 2010 · Leave a Comment

Today Hive Media announced the debut of both its  first social game, My Hollywood Studio, and the  collaborative content delivery platform the game is built on. The goal of Hive, beginning with Hollywood Studio, is to offer a platform for innovative branded social games to drive the same daily engagement games like Farmville see towards [...]

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Digital River Acquires Fatfoogoo For $10M

By On May 6, 2010 · Leave a Comment

Today the e-commerce services provider Digital River announced that it had acquires the microtransaction processing firm Fatfoogoo for $10 million. Digital River intends to combine its product offering with Fatfoogoo's in the future, offering online merchants a single service for managing sales. The combined solution will offer turnkey support for implementing virtual goods, virtual currency, [...]

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Nexon Aquires MMO Developer NDoors

By On May 4, 2010 · Leave a Comment

Nexon has acquired a 67% stake in MMO developer NDoors, the company announced today. The shares include those of the former chairman, Seong-Mun Kwon, and the largest shareholders. The purchase has secured management rights for Nexon as the largest shareholder, and, as a result, NDoors will become a subsidiary of Nexon.  The purchase adds both [...]

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IBM Debuting CityOne For City Planning Trainers

By On May 4, 2010 · Leave a Comment

IBM unveiled a new contribution to serious gaming and simulation today: CityOne. The new title is aimed at improving city planning and infrastructure, if largely in the long run. The goal doesn't appear to be to simulate and test specific plans for specific cities. Rather, users of the free game will guide their generic city through [...]

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ProtonMedia Adds Microsoft Life Science Worker To Board

By On May 3, 2010 · Leave a Comment

ProtonMedia has added Sam Batterman to its executive advisory board. Batterman is a Visualization Specialist for Microsoft's Life Science Group in Malvern, Pennsylvania. Batterman has already spoken on ProtonMedia’s panel at the Life Sciences 2010: The Global Collaboration Imperative earlier this year and contributed to its blog.  He also brings experience to the enterprise virtual [...]

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Pay Your Family First Adding Financial Info To Whyville

By On May 3, 2010 · Leave a Comment

Whyville is tapping financial expert Sharon Lechter and her organization, Pay Your Family First, to develop interactive educational content around financial literacy for its youth users. Lechter is the co-author of "Rich Dad Poor Dad" and the author of "Three Feet from Gold." According to a rep for Lechter, "Right now Pay Your Family First [...]

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