SGN said the acquisition will ‘diversify’ its game lineup. Created in 2010 by MySpace co-founder and former CEO Chris DeWolfe, SGN is the maker of Cookie Jam and Panda Pop, among others. The company said it has nearly 50 million monthly active users.
With this acquisition, Suli Ali, co-founder and CEO of TinyCo, will continue running the studio. TinyCo is reportedly developing new mobile games based on ‘globally recognizable Hollywood brands,’ and the company expects to generate more than $100 million in revenue in 2016.
In a statement, Ali commented:
We are thrilled to join the SGN family, as TinyCo’s games complement SGN’s portfolio of games perfectly. Being a part of SGN will enable us to continue building hugely successful games with Hollywood franchises, but with SGN’s resources and firepower behind us.
Readers: Do you play any of TinyCo’s games?