Business

Crackdown 2 developer, Ruffian Games, has been acquired by Rockstar thumbnail VG247

Crackdown 2 developer, Ruffian Games, has been acquired by Rockstar

By Dom Peppiatt, Monday, 12 October 2020 20:04 GMT Ruffian Games, the development studio behind Crackdown 2, has been purchased by Rockstar’s parent company, Take-Two Interactive, and is now known as Rockstar Dundee.First reported by TheGamer, Ruffian Games became Rockstar Dundee on October 6 after Take-Two Interactive took ownership of the Scottish studio on October 1.The revelation was initially discovered thanks to a Companies House listing noting that revealed the name change and new ownership. We’re #Hiring! https://t.co/W5YqjZODIJ — Ruffian Games (@RuffianGames) October 11, 2019Despite the acquisition only being formalized now, the two companies have been working together for the past year on “unspecified…

WB Games deemed too valuable, AT&T no longer interested in selling – report thumbnail VG247

WB Games deemed too valuable, AT&T no longer interested in selling – report

By Sherif Saed, Wednesday, 2 September 2020 08:50 GMT AT&T has wised up to the value of its gaming division and will reportedly be keeping it.In June, reports said that AT&T, the parent company of Time Warner, who owns Warner Bros‘ various gaming studios, was looking to sell WB Games in order to pay off some of its debt.The move reportedly garnered interest from Microsoft, Take-Two, EA and others, but no sale was made for what AT&T reportedly saw as a $4 billion transaction. Now, Bloomberg is reporting that the company has changed its mind, having reexamined the unit’s potential…

Trump’s WeChat executive order won’t affect Tencent-owned game companies thumbnail VG247

Trump’s WeChat executive order won’t affect Tencent-owned game companies

By Sherif Saed, Friday, 7 August 2020 13:08 GMT President Trump’s new executive orders are limited to chat and social media apps.On Thursday, United States President Donald Trump issued two executive orders aimed at banning Chinese-made apps TikTok, and WeChat. The executive action prohibits American businesses and people from conducting transactions with TikTok owner ByteDance, and WeChat parent company Tencent. The orders take effect in 45 days, after which the US Secretary of Commerce will clearly state the transactions that fall within the orders’ purview.The orders, which the Chinese government and the two companies in question opposed, are meant to…