DeNA, the Japanese social game giant, said Tuesday that it would acquire Ngmoco, a Silicon Valley iPhone game developer, for $400 million — one of the largest deals ever involving an iPhone application developer and another sign that the iPhone is fast becoming the hottest game device on the market.
That’s a slice from a report in The New York Times today. I’ve never followed the business side of iOS development very closely, but that seems like a pretty serious amount – especially as the NYT says it is ‘one of the largest’ deals ever involving iPhone app developer. I would’ve thought that might be the largest ever before reading that.
Ngmoco are the publishers of some popular and well-known iOS games including We Rule, Godfinger, Eliminate, as well as quite a few other titles.
Even though there are far more who fail to make an impact in the App Store, it’s always good to see a success story – and this is a big one.
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