Rekoo becomes largest social game company in China after acquiring HappySNS
Beijing-based Rekoo is now the largest player in the Chinese social gaming industry after its quiet acquisition of another Chinese social game developer, HappySNS at the end of 2011.
While the terms of the deal were not disclosed, according to Chinese media reports, Rekoo paid more than $20 million for HappySNS to bolster its talent pool and speed up its product delivery. The deal gives Rekoo a combined user base of 50 million monthly active users in China, Japan and the US spread across social networks like Tencent, Renren, Kaixin001, Xiaonei, Mobage, Mixi and Facebook.
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