Google snaps up London start up in £400m deal January 27, 2014 GOOGLE has paid £400m to take control of a London-based tech company co-founded by former chess prodigy and neuroscientist Demis Hassabis. DeepMind Technologies, which was set up by Hassabis and colleagues Shane Legg and Mustafa Suleyman in 2011, will work on research and development projects in artificial intelligence, which could one day be used in [...]
British gaming firm NaturalMotion snapped up by Zynga for $527m January 30, 2014 UK DEVELOPER NaturalMotion was last night snapped up by Zynga, the US games developer behind FarmVille and ChefVille, for $527m (£319.5m). NaturalMotion, founded by 41-year-old Oxford University graduate Torsten Reil, has created games like Clumsy Ninja and CSR Racing for Apple’s mobile devices. The firm has offices in London, Oxford, Brighton and San Francisco. Zynga’s [...]