Take-Two Acquires Kerbal Space Program

Eloking quotes a report from Polygon: Take-Two Interactive has purchased physics-based space simulation Kerbal Space Program, according to announcements from publisher Take-Two and developer Squad. “We have been impressed with Kerbal Space Program since its launch, and we are committed to grow this unique experience while continuing to support its passionate community,” said Michael Worosz, senior vice president, head of corporate development and independent publishing at Take-Two, in a release. “We view Kerbal Space Program as a new, long-term franchise that adds a well-respected and beloved IP to Take-Two’s portfolio as we continue to explore opportunities across the independent development landscape.” Kerbal Space Program officially launched on PC in 2015. The game had been available through Steam’s Early Access program since 2013. It has since gone on to sell more than 2 million copies on console and PC. Developer Squad said in a statement that the acquisition won’t alter its plan for continued development of Kerbal Space Program. The developer is currently working on the Making History Expansion for the game.

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AngelList Acquires Product Hunt

Product Hunt, an online community of tech product enthusiasts, is no longer going at it alone. The three-year-old San Francisco startup said Thursday it is being acquired by AngelList, a popular crowdfunding platform for startups and angel investors. From a report on Fortune: Though Product Hunt is still a very young startup, it’s not hard to see why it made the move to sell to AngelList. Product Hunt debuted three years ago, almost to the day– founder Ryan Hoover and a friend, Nathan Bashaw, put together the original version of the website during the Thanksgiving weekend. Hoover had initially experimenting with sharing apps and other tech products with a small group of friends via email newsletters. The site quickly grew in reputation among Silicon Valley insiders and tech enthusiasts everywhere as a place to share and find new or interesting apps, gadgets, and tech tools. It even had a small job board, which was Product Hunt’s first source of revenue. Product Hunt also said it will continue to operate independently.

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Facebook Acquires Israel’s Pebbles Interfaces For Reported $60 Million

New submitter caseylane94 writes: Facebook has acquired virtual reality company Pebbles Interfaces for the sum of $ 60 million in a bid to keep its cutting edge virtual reality technology out of the hands of competitors. The move parallels Facebook’s 2014 acquisition of VR goggle producer Oculus Rift. The resulting virtual reality product is set to hit the shelves around Christmas 2015.

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