Entries in acquisition (125)

Friday
Oct292021

Microsoft's Two Hat acquisition hopes to improve Xbox community moderation

Dmitry Novikov/Unsplash

Microsoft has bought Two Hat, a company known for its AI content moderation tools. Microsoft didn't reveal the deal's financial details, but the company talks about how this acquisition can help improve the Xbox community moderation. The two companies have been frequent collaborators working on making Xbox Live and other gaming communities safer.

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Thursday
Sep302021

Netflix acquires indie game developer Night School Studio

Photo by cottonbro from Pexels

We know Netflix has plans to expand into gaming, and now we see their latest move. The company has acquired indie game developer Night School Studio, the team behind games Afterparty and Oxenfree. The latter reminds us a bit of Stranger Things, described as a "supernatural thriller about a group of friends who unwittingly open a ghostly rift." Night School Studio was even making a hybrid puzzle game based on the series back in 2018. But unexpected layoffs forced the project's sudden shutdown. 

This announcement comes a day after Netflix revealed that the early library of games it's testing out with Android users in Poland is coming to subscribers in Spain and Italy.

Source: Gizmodo

Friday
Jun182021

Spotify acquires Podz to boost podcast discovery

Spotify has been throwing many of its resources into growing its podcast business. Its latest move is the acquisition of Podz, a startup with tech that can generate preview clips of podcasts. Podcasters don't need to create clips themselves, as Podz can automate the process. It finds the important moments from episodes using machine learning trained on over 100,000 hours of audio. 

Spotify wants this acquisition to help improve podcast discovery, allowing you to browse through short podcast snippets to find what you want to listen to instead of listening to longer podcast episodes. According to Spotify, it will make it "easier for listeners to find the content they want to listen to, and for creators to be discovered and build a fan base." 

Source: The Verge 

Saturday
Jun122021

Facebook's Oculus acquires 'Population: One' battle royale developer BigBox VR

Facebook is bringing more interesting content to its VR platform. The company's Oculus arm just acquired BigBox VR, the developer behind Population: One, Fortnite-esque battle royale game. The developer will continue to support the game on its existing platforms, and it still plans to expand the title. So, those who play the game on a non-Oculus device can continue to do so.

Source: Engadget