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Rick Martin · · 1 min read

Japan's GREE Acquires Social Game Dev Funzio for $210 Million

It has been a big couple of days for GREE (TYO:3632) already with a couple of game dev partnerships yesterday, as well as the first Android title for its North American studio. But the company just dropped even bigger news moments ago, revealing via email that it has acquired San Francisco-based social/mobile game developer Funzio for no less than $210 million dollars.

Funzio is the creator of titles like Crime City, Modern War, and Kingdom Age, the latter reaching more than a million downloads in its first five days in Apple’s App Store since its April 19th launch. Ken Chui, the CEO and founder of Funzio noted in the announcement:

GREE shares our vision of a mobile world where people can play together wherever and whenever they are. We feel strongly that our experience in creating unique games for the mid-core market and GREE’s expertise in bringing the mobile games to the worldwide community is a perfect match.

Indeed if nothing else, the companies respective logos do look very nice together. But its certainly a big pickup for the Japanese mobile social gaming giant as it expands into overseas markets in an effort to reach its goal of one billion users, set by CEO Yoshikazu Tanaka.

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Rick Martin

Rick Martin lives in Tokyo where he writes about technology in Japan, China, and around Asia. After writing full-time for TechInAsia from 2011 to January 2013, he moved on to pastures new at The Bridge. He can be reached via his website, 1Rick.com