Disney buys Web game platform maker Rocket Pack

Mar 04, 2011

(AP) -- The Walt Disney Co. has acquired a Finnish company as part of its renewed focus on social and mobile games.

Disney said Thursday it has bought Rocket Pack, a company based in Helsinki that gives developers tools to create games that work on Web browsers without the need to download anything.

Games using the platform also work on the browsers of portable devices like Inc.'s and .

Terms were not disclosed.

The move comes shortly after Disney bought Togetherville, a social network for children aged 6 to 10, last week.

Disney hopes to turn around its interactive division, which lost $234 million last fiscal year on $761 million in revenue, partly by veering away from console-based video games. The company expects the unit to be profitable in 2013.

Explore further: Court halts ridesharing service Uber in Germany (Update)

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Disney confirms layoffs at game division

Jan 26, 2011

(AP) -- The Walt Disney Co. said Tuesday it is laying off employees and hiring an executive as it revamps its video game division to focus on mobile and social games and away from expensive-to-produce console games.

Disney to buy social-gaming site Playdom

Jul 27, 2010

(AP) -- The Walt Disney Co. is buying online social-gaming company Playdom for $563.2 million, the latest sign the company is becoming a formidable player in the video-game industry.

Disney acquires iPhone game maker Tapulous

Jul 02, 2010

(AP) -- The Walt Disney Co. said Thursday it acquired Tapulous, the maker of the popular iPhone play-along music game Tap Tap Revenge, to bolster its ability to create mobile games and gain another toehold ...

Downloads of Disney's new 'Tap Tap' game cross 6M

Jan 14, 2011

(AP) -- The Walt Disney Co.'s newly restructured mobile game division briefly knocked the popular "Angry Birds" off its perch atop iTunes' free app store over the holidays in a sign that its purchase of game-maker Tapulous ...

Disney CEO seduced by iPad

Feb 10, 2010

Walt Disney Co. president and chief executive Robert Iger said Tuesday that Apple's new iPad tablet computer may prove to be a "game changer" for the entertainment and media industry.

Recommended for you

Job listing service ZipRecruiter raises $63 million

18 hours ago

ZipRecruiter, a California start-up that tries to simplify tasks for recruiters, has raised $63 million in initial venture capital funding as the 4-year-old service races to keep up with growing demand.

Alibaba IPO comes with unusual structure

Sep 01, 2014

Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant's U.S. public offering will need to get comfortable with an unusual business structure.

User comments : 0