Thursday, April 21, 2011

[TechCrunch] Japanese Company GREE Buys Mobile Social Gaming Platform OpenFeint For $104 Million In Cash /TechCrunch

7:53 PM by Bilal MuazinNo comments
TechCrunch 4/22/2011
Mobile gaming startup OpenFeint, has been acquired by Japanese mobile gaming company GREE for $104 million in cash plus additional capital for growth of the OpenFeint platform. OpenFeint and its team will remain with long-term incentives, including CEO and founder Jason Citron, says the company.

OpenFeint provides a comprehensive mobile social gaming platform for the iPhone and Android platforms. ...
memo
  • GREE's rival, DeNA acquired ngmoco last year, which is integrated into mobage, DeNA's mobile social game platform.
  • GREE has been accelerating global expansion recently by several partnerships such as Tencent, mig33, and Unity and launching local office in US, Europe, and Asia.  

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