Complex sentence: Reports have surfaced that Good Egg Studios has gone out of business and Xeko was acquired by Oomba, Inc. Oomba, Inc later raised $250,000 from Kickstarter, there has been no such implementation and the project appears to have been dropped.
Split into simpler sentences: Reports have surfaced that Good Egg Studios has gone out of business and Xeko was acquired by Oomba. Oomba later raised $250,000 from Kickstarter, there has been no such implementation and the project appears to have been dropped.