Mobile gaming startup OpenFeint, has been acquired by Japanese gaming company GREE for $104 million 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.
Over the past year, there's been an apparent trend taking place of Japanese gaming companies acquiring U.S. social game developers. DeNa bought social gaming company Ngmoco for $400 million last October, adding to an acquisition of ... Read Post
Eros Resmini, who oversaw developer relations for mobile-social gaming network OpenFeint through its $104 million acquisition by GREE, just left the Japanese gaming company not long after it transitioned its platform building strate... Read Post