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

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.