Summary:

Playdom continues to spend the $43 million it raised in its first round of funding in November: The social game maker is buying Acclaim Game…

Acclaim Games

Playdom continues to spend the $43 million it raised in its first round of funding in November: The social game maker is buying Acclaim Games, which offers a number of free massively multiplayer role-playing games on its website and has also developed the RockFree Facebook game; a second Acclaim Facebook game is set to launch this summer. The Acclaim brand has a storied history; Acclaim Games was a major video game developer in the 80s and 90s, although it declared bankruptcy in 2004 and the name was subsequently sold to Howard Marks, a former co-owner of Activision (NSDQ: ATVI), who started the new Acclaim in 2005. This is Playdom’s seventh investment in seven months.

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