Printed from http://www.electronista.com

GREE snaps up mobile gaming platform OpenFeint

updated 10:25 pm EDT, Thu April 21, 2011

GREE buys OpenFeint for 104m

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.

The existing management at OpenFeint would stay in place and was being given financial incentives to stay onboard.

OpenFeint is best known for providing an early equivalent to Xbox Live for mobile and preceded Apple's Game Center. Its position on Google's platform has been vital without any official service within Android itself. GREE is lesser known outside of its home country but just Thursday supported the A-Fund, a $100 million resource for investing in new Android apps, devices, and services.

Among the better-known game developers using OpenFeint are Bigpixel, Halfbrick, and Hudson.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Crucial MX100 256GB SATA-3 SSD

While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

Blue's Mikey Digital

Blue Microphones, a company that makes some of the most popular digital USB microphones among podcasters and musicians, has for some t ...

Sponsor

toggle

Most Commented

 
toggle

Popular News