Today's Transactions:
Linden Lab, Maker of "Second Life," Scores Blocksworld
The video game deal comes on the heels of Atari's bankruptcy and the surge in online and mobile game developers
San Francisco video game developer Linden Lab, the company behind "Second Life" and "Creatorverse TM," has acquired Blocksworld, a children's game that is available on Apple Inc. (Nasdaq: AAPL) products.
Terms of the deal were not disclosed.
Blocksworld is a game, designed by Swedish game development firm Boldai AB in 2012, that allows users to control virtual building blocks and construct three-dimensional models of cars, animals and robots.
The entire Blocksworld team has agreed to join Linden Labs, which intends to produce the video game on multiple platforms.
Linden Lab is a subsidiary of Linden Research Inc. Boldai is headquartered in Linkoping, Sweden.
For more coverage on M&A in the video game sector, see "Atari Seeks Bankruptcy and Sale" and "Kabam to Continue Buying Smaller Video Game Rivals."
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