Thursday, 21 April 2011

GREE snaps up mobile gaming platform OpenFeint

Japanese mobile gaming social service provider GREE tonight bought OpenFeint for $104 million in a straight cash transaction. The deal gives GREE a connection to North America, Europe, and other areas it didn't previously serve as well as a reach of about 100 million total gamers, including Android and iOS gamers. They planned to build a "global gaming ecosystem" with faster upgrades but would also continue to develop their gaming networks in their respective countries, doubling the size of OpenFeint within this year....

Source: http://feeds.macnn.com/click.phdo?i=201a7a3328dcd5bfa41eb4f8ae4e36f2

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