Posted on Tuesday 12-Oct-2010 3:04 PM

iPhone dev bought for $400 million

Rolando-maker Ngmoco acquired by Japanese social gaming giant

The iPhone developer and publisher behind hits such as Rolando, Star Defense and Touch Pets has been acquired by Japanese social gaming giant DeNA for $400 million (£252.6m).

iPhone / iPod Touch Screenshot
San Francisco-based ngmoco was co-founded by former EA exec Neil Young in 2008. Its games have been downloaded more than 60 million times for iPhone and iPod touch, and last year Simon Jeffrey left his post as Sega of America CEO to head up the firm's newly established publishing arm.

DeNA runs Japan's massively popular Mobage Town, a mobile social game platform that also offers chat rooms and virtual characters.

"The big tide in social gaming is coming, right now," DeNA CEO Tomoko Namba told the New York Times. "We'd like to capture it and quickly become the world's No. 1 mobile gaming platform."

[ Source: New York Times ]

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Comments

4 comments so far...

  1. palancas7 on 12 Oct '10 said:

    Worth about as much as Liverpool. lol

  2. ChunkyMonkey on 12 Oct '10 said:

    Worth about as much as Liverpool. lol

    Stoke-on-Trent and Liverpool altogether. :P

  3. eastldn on 12 Oct '10 said:

    WOW

  4. jimmyjamerson on 12 Oct '10 said:

    Worth about as much as Liverpool. lol

    except Ngmoco are a sucess...