Malte Paul's Blog

Entrepreneurship & Co.

Archive for September, 2010

Are social games going to die?

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Alex St. John, President and CTO of hi5, has written a very interesting article about the state of the social gaming market which was published on techcrunch.com. My interpretation of his article is: many social game companies will die and the few that survive will do what other online game companies (e.g. Bigpoint, gameforge, worldwidegames) have always been doing: build a platform-independent user base and create games that are playable across platforms without dependence on a single social network. Read the rest of this entry »

Written by Malte

September 18th, 2010 at 6:34 pm

Gameforge increases price for Frogster by 10% after unsuccessful takeover offer

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On 16 August 2010, Gameforge made a public takeover offer for the outstanding Frogster AG shares at a price of €25 per share. In a previous post to this topic I did a detailed financial analysis of the deal and came up with the idea that Gameforge could use Frogster AG to get a public listing of the Gameforge group via a reverse merger. Since then, Forgster management opposed this deal making it a hostile takeover offer and equity analysts (all three of them) saw the fair Forgster share price 50%(!) above the offer. One month later, 13 September 2010, only 1,326 shares of Frogster (that is only 0.05% of the company) could be acquired over the course of the offer. In case Gameforge really aimed at taking over Frogster in full, this takeover offer can really be deemed unsuccessful. Read the rest of this entry »

Written by Malte

September 15th, 2010 at 8:23 am

Now we’re global: WWG launches in the Middle East

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On Monday 13 September 2010, we have launched the arabic version of Desert Blitz. In the Arabic world the game is actually named “Saakat Sahara” or “صاعقة الصحراء” (which means Desert Thunderbolt) and can be reached under http://www.saaka-sahara.ae. We started our preparations in May this year including a detailed translation and considering that people in MENA (Middle East North Africa) actually read from right to the left. Read the rest of this entry »

Written by Malte

September 14th, 2010 at 8:16 am

News: €7 MM financing round for Mister Spex

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Mister Spex, the German online distributor of glasses and contact lenses has raised €7 million in a recent financing round. Lead investors are DN Capital (invested in Shazam) and XAnge (belongs partly to French La Poste). Congrats to Dirk Graber, CEO of the company. When I met im in Paris this April where we presented our companies for the Red Herring 100 Europe Award he told me that he will also use the time in Paris to speak to potential French investors. Now we know he was very successful! Read the rest of this entry »

Written by Malte

September 7th, 2010 at 7:48 am