The Chinese NetEase buys the game studio SkyBox Labs involved in Halo Infinite

Canadian company SkyBox Labs is co-developing Halo Infinite for Microsoft’s Xbox. NetEase acquired SkyBox Labs as part of an aggressive international push and because it’s eyeing a slice of the console market. Patrick T Fallon | Bloomberg | Getty Images NetEase announced Friday that it had acquired Canadian game studio SkyBox Labs, which co-develops major … Read more

The Chinese NetEase buys the game studio SkyBox Labs involved in Halo Infinite

Canadian company SkyBox Labs is co-developing Halo Infinite for Microsoft’s Xbox. NetEase acquired SkyBox Labs as part of an aggressive international push and because it’s eyeing a slice of the console market. Patrick T Fallon | Bloomberg | Getty Images NetEase announced Friday that it had acquired Canadian game studio SkyBox Labs, which co-develops major … Read more

Nintendo conducts 10-for-1 stock split to lure new investors

Nintendo performed a 10 for 1 stock split that lowers the price of an individual stock. The 133-year-old Japanese gaming giant hopes the move will make it more affordable for a wider group of investors to buy the company’s shares. Zhang Peng | Light Rocket | Getty Images Nintendo conducted the previously announced 10-for-1 stock … Read more

Nintendo conducts 10-for-1 stock split to lure new investors

Nintendo performed a 10 for 1 stock split that lowers the price of an individual stock. The 133-year-old Japanese gaming giant hopes the move will make it more affordable for a wider group of investors to buy the company’s shares. Zhang Peng | Light Rocket | Getty Images Nintendo executed the previously announced 10-for-1 stock … Read more

Sony, Tencent and NetEase continue to look for deals to expand new formats and markets

Mobile gaming revenues account for more than half of the mobile gaming market. Sony wants to diversify beyond consoles with its new, dedicated PlayStation division for mobile gaming. Mateusz Slodkowski | SOPA images | LightRocket via Getty Images Sony Sony’s PlayStation has long dominated the game console market. But the console gaming business model has … Read more