Thursday, January 5, 2012

Microsoft Corporation (NASDAQ:MSFT) Signs Games Developer Deal

Microsoft Corporation (NASDAQ:MSFT) has inked a deal with Arkadium. Microsoft
Corporation (NASDAQ:MSFT) Signs Games Developer Deal Reports say that Microsoft
Corporation (NASDAQ:MSFT) Game Studios have partnered with social games
developer, Arkadium to develop casual and social games on multiple platforms.
The multi-year, multi-title strategic partnership brings the two companies
together to work on cross-platform games for Microsoft platforms, including
Windows PC and mobile devices. Kenny Rosenblatt, Arkadium CEO Said that,
Arkadium and Microsoft Corporation (NASDAQ:MSFT) have been partners for several
years now. Arkadium has been the largest provider of games to Microsoft
Corporation (NASDAQ:MSFT)s web properties like Bing, MSN Zone and MSN Messenger
for the last several years, with titles consistently on the top of those
services most-played or most-popular lists. As the relationship got stronger and
the games became more popular, that led to a bigger opportunity with the
Microsoft Corporation (NASDAQ:MSFT) Game Studios team, which really has been
focused on the Xbox and on more hardcore console games". Microsoft Corp.
(NASDAQ:MSFT) shares are currently standing at 27.4. Price History Last Price:
27.4 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 25.95 6 Month
Price Change %: 2.8% 12 Month Price Change %: -4.3%

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