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

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Cambridge Audio DacMagic XS

Every computer with a microphone or headphone port has one -- a digital to analog converter (DAC). There are nearly as many chipsets a ...

D-Link Wi-Fi Smart Plug

Home automation fans have been getting their fair share of gadgets and accessories in the last few years. Starting with light bulbs, a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News