Risk

10/12/2010
03:40 PM
50%
50%

Japan's DeNA Acquires Mobile Game Maker Ngmoco

Ngmoco will bring DeNA's Mobage social games platform to iPhone and Android smartphones in the United States.

Best PC Games Of All Time
(click image for larger view)
Best PC Games Of All Time
DeNA, a Japanese social game maker, is buying iPhone game maker Ngmoco for $400 million, expanding DeNA's global footprint in mobile gaming.

DeNA said Tuesday the purchase creates the "world's largest mobile social games platform." The company is paying $300 million in cash and securities for San Francisco-based Ngmoco, and has agreed to pay an additional $100 million if Ngmoco meets performance goals through Dec. 31, 2011.

As a wholly owned subsidiary, Ngmoco will be responsible for bring DeNA's Mobage social games platform to iPhone and Android smartphones in the United States and other countries outside of Japan. Ngmoco said in September that it would build Android versions of its most popular games, including Freeverse, Miraphonic and Stump Town. Eventually, Ngmoco's and DeNA's games will run on the single Mobage platform.

"In Ngmoco and its team, we see a lot of the same talent and dynamic traction that we have in the Japanese market, making the merger a perfect fit for us," Tomoko Namba, founder and chief executive of DeNA, said in a statement.

Ngmoco's social gaming network has more than 13.5 million registered users.

Ngmoco is the third deal involving DeNA and a U.S. company, according to the Bloomberg financial news agency. In September, DeNA bought mobile game-maker Gameview. Earlier this month, it purchased 20% of gaming network Aurora Feint, which claims to have more than 29 million users. As processing power and screen resolution increases, smartphones are challenging traditional video-game consoles in the casual gaming market. As a result, consolidation is ongoing in the mobile gaming industry.

For example, Walt Disney Co. in July acquired iPhone game developer Tapulous, which has become a part of Disney's Interactive Media Group. Financial details were not disclosed.

In August, social game developer Zynga acquired Unoh, a Japanese developer of social games, for an undisclosed amount. Zynga is the creator of the most popular games on Facebook, including Mafia Wars and Farmville.

Games are the most popular downloads from mobile application stores provided by Apple and makers of Android handsets. Revenue from such online stores is expected to reach $6.8 billion worldwide this year, compared to $4.2 billion last year, according to Gartner.

SEE ALSO:

Zynga Acquires Japanese Game Developer

Disney Buys iPhone, iPad Game Developer

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Want Your Daughter to Succeed in Cyber? Call Her John
John De Santis, CEO, HyTrust,  5/16/2018
Don't Roll the Dice When Prioritizing Vulnerability Fixes
Ericka Chickowski, Contributing Writer, Dark Reading,  5/15/2018
Why Enterprises Can't Ignore Third-Party IoT-Related Risks
Charlie Miller, Senior Vice President, The Santa Fe Group,  5/14/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: "Security through obscurity"
Current Issue
How to Cope with the IT Security Skills Shortage
Most enterprises don't have all the in-house skills they need to meet the rising threat from online attackers. Here are some tips on ways to beat the shortage.
Flash Poll
[Strategic Security Report] Navigating the Threat Intelligence Maze
[Strategic Security Report] Navigating the Threat Intelligence Maze
Most enterprises are using threat intel services, but many are still figuring out how to use the data they're collecting. In this Dark Reading survey we give you a look at what they're doing today - and where they hope to go.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-11232
PUBLISHED: 2018-05-18
The etm_setup_aux function in drivers/hwtracing/coresight/coresight-etm-perf.c in the Linux kernel before 4.10.2 allows attackers to cause a denial of service (panic) because a parameter is incorrectly used as a local variable.
CVE-2017-15855
PUBLISHED: 2018-05-17
In Qualcomm Android for MSM, Firefox OS for MSM, and QRD Android with all Android releases from CAF using the Linux kernel, the camera application triggers "user-memory-access" issue as the Camera CPP module Linux driver directly accesses the application provided buffer, which resides in u...
CVE-2018-3567
PUBLISHED: 2018-05-17
In Qualcomm Android for MSM, Firefox OS for MSM, and QRD Android with all Android releases from CAF using the Linux kernel, a buffer overflow vulnerability exists in WLAN while processing the HTT_T2H_MSG_TYPE_PEER_MAP or HTT_T2H_MSG_TYPE_PEER_UNMAP messages.
CVE-2018-3568
PUBLISHED: 2018-05-17
In Qualcomm Android for MSM, Firefox OS for MSM, and QRD Android with all Android releases from CAF using the Linux kernel, in __wlan_hdd_cfg80211_vendor_scan(), a buffer overwrite can potentially occur.
CVE-2018-5827
PUBLISHED: 2018-05-17
In Qualcomm Android for MSM, Firefox OS for MSM, and QRD Android with all Android releases from CAF using the Linux kernel, a buffer overflow vulnerability exists in WLAN while processing an extscan hotlist event.