GREE purchases mobile social game developer Pokelabo for $173M
Japanese mobile-social gaming giant GREE announced today it will acquire mobile-social game maker Pokelabo on Oct. 30 for 13.8 billion yen ($173 million) in cash.
Founded in 2007, the Tokyo-based Pokelabo has developed several successful titles for the Japanese mobile market such as mobile-social RPG Clan Battle of Fate, and the English card-battle game Mystic Monsters. Last year, Pokelabo entered into a co-development deal with Sega to develop social games particularly for smartphones.
This is the second big mobile-social developer acquisition we’ve seen come out of Japan this month — the Tokyo-based company, mobile-social game developer Gloops was
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