Softbank Invests $150 Million in Zynga
SAN FRANCISCO & TOKYO–(Business Wire)–
Zynga and Softbank today announced a joint venture that will develop and
distribute social games across Japan. The new joint venture, Zynga Japan, brings
together leaders in social games and consumer technology to offer millions of
new users the ability to play social games anytime and anywhere. In conjunction
with today`s announcement, Softbank has completed a $150 million investment in
Zynga. With this agreement, Zynga and Softbank will tighten their relationship
as business partners.
The joint venture extends Zynga’s reach to a wider global audience and marks the
company’s first foray into the rapidly growing internet and mobile market in
Japan. Based in Tokyo, Zynga Japan will tap into Japan’s rich history of gaming
and leverage Softbank’s cutting edge mobile and Web technology to produce the
best social games in the market.
“Zynga is a leader in social games and I am delighted to partner with them to
introduce their social games to Japan,” said Masayoshi Son, chairman and CEO of
Softbank. “We share the same vision as Zynga in social games and look forward to
working together to create a social game powerhouse.”
“We’re excited to partner with Softbank to bring Zynga’s social games to Japan
and gain insights from the Japanese market,” said Mark Pincus, CEO and Founder
of Zynga. “As one of the most innovative technology companies in the world,
Softbank is bringing the mobile internet to consumers making the social web more
accessible to people everywhere.”
About Zynga
Zynga`s games include FarmVille, Treasure Isle, Zynga Poker, Mafia Wars,
YoVille, Café World, FishVille, PetVille and FrontierVille. Zynga games are
available on Facebook, MySpace and the iPhone. Through Zynga.org, Zynga players
have raised over $3 million for world social causes. Zynga is headquartered in
Potrero Hill in San Francisco. For more information, visit www.Zynga.com or
www.Zynga.org.
About Softbank
Softbank is a leading technology company connecting consumers through its
broadband infrastructure, fixed-line telecommunications, and mobile
communications services. Softbank has invested in overseas companies with high
potential to provide next generation services using the internet, including Oak
Pacific Interactive (which operates China’s largest SNS site) and Ustream, Inc.
(which is the operator of the Ustream.TV website), a broadcast platform offering
live video distribution service via the Internet (video streaming service). By
leveraging this investment in Zynga and through its other efforts, Softbank.
continuously aims to generate synergies among various content and services
within its group. For more information, visit http://www.softbank.co.jp/en/.
Zynga
Lisa Chan, 415-706-1834
lchan@zynga.com
or
Softbank
pr@softbank.co.jp
Copyright Business Wire 2010
Cantos Extends Distribution of Online Video Initiatives to Mobile Devices with Brightcove
Desire for video on the move prompts Cantos iPhone app launch
LONDON & CAMBRIDGE, Mass.–(Business Wire)–
Brightcove, the leading online video platform, and Cantos, the market leader in
online investor communications, today announced the launch of the Cantos iPhone
app, developed using Brightcove`s App Software Development Kit (SDK) for iOS.
The new app provides users with high quality, in-depth video interviews with
leading CEOs and financial industry commentators that they can watch at their
convenience. This initiative builds on the existing partnership between
Brightcove and Cantos to bring online video – content and platforms – to the
business world.
“The Cantos app now allows the viewers of our popular financial news and
information to access it on the go, as well as save to their phone and forward
to colleagues,” said Charlie Cannell, Cantos CEO. “It also helps expand the
reach of our video content to new markets and audiences.”
Cantos` new iPhone app was created in response to research conducted by Cantos
that examined the information consumption habits of their audience and found
that users were increasingly inclined to watch video content from their mobile
device.
Cantos leveraged the Brightcove App SDK for iOS to create an app that lets users
watch business videos directly on their iPhone, save and download videos to be
watched at a later date, and share video content with third parties via the
app`s email function. The Brightcove-powered app features video interviews with
CEOs of leading UK and international companies, daily technical analysis from
respected charting experts and monthly global financial forecasts.
“Cantos understands that people want financial news content to be available on
the go, on any device, anywhere in the world,” said David Mendels, Brightcove
president and chief operating officer. “Brightcove makes it easy to do this with
our mobile SDKs that help organizations like Cantos quickly build and deliver a
powerful, fan-friendly app. It`s great to see Cantos accelerate time-to-market
for its new iPhone app and we look forward to helping the company roll out
additional mobile apps in the months ahead.”
In the future, Cantos plans to take advantage of Brightcove`s comprehensive
mobile video solutions to expand its video offerings to new platforms, including
Research in Motion BlackBerry and Google Android. Cantos also plans to introduce
new features for its mobile apps, including the ability for end-users to set
preferences and notifications around new content, as well as obtain transcripts
of video interviews, all within the app.
About Brightcove
Brightcove is a cloud-based online video platform. Media companies, businesses
and organizations worldwide use Brightcove to publish and distribute video on
the Web. Founded in 2004, Brightcove has offices across North America, Europe
and Asia and customers in 45 countries. For more information, visit
http://www.brightcove.com.
About Cantos
Cantos is an online video communications specialist producing video interviews
with CEOs of leading UK and international companies, daily technical analysis
from respected charting experts and monthly global financial forecasts. For more
information, visit http://www.cantos.com
North America
SutherlandGold Group for Brightcove
Erika Shaffer, 206-972-5514
erika@sutherlandgold.com
or
Europe
AxiCom for Brightcove
Sheena Riviera , +44 20 8392 4064
sheena.riviera@axicom.com
or
For Cantos Communications
Joakim Jonsson, +44 20 7936 1370
joakim.jonsson@cantos.com
Copyright Business Wire 2010