Funzio’s Big Exit to Gree Fueled by Only Three Hit Game Titles

Funzio’s $210 million sale to Tokyo-based Gree this week makes it the second mobile game company with a relatively short operating history to be snapped up recently.
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Japan’s Gree Buys Mobile Social Game Developer Funzio for $210 Million

Gree, the Tokyo-based company that bought OpenFeint for $100 million last year and is trying to build a global mobile social network, has acquired Funzio for $210 million.
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News Byte

Ngmoco Hires Former Mattel Exec to Head Up Marketing

Following the recent appointment of a new COO, San Francisco-based Ngmoco continues to fill out its executive team. It has hired Michael Staskin as CMO to lead global marketing and communications, including the launch of Mobage, a mobile games platform. Previously, Staskin was VP of Marketing at Sisal, a gaming and lottery company in Italy; before that, he held several positions for Mattel. He will be based in San Francisco.

Ngmoco Hires COO From Current TV Ahead of Major Growth Spurt

Ngmoco has hired Joanna Drake Earl to be its second in command as the game company grows and begins to fully execute its vision of being a mobile entertainment network.
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U.S. Mobile Game Revenues Expected to Double in 2011

U.S. mobile game revenue has started accelerating, fueled by new game publishers coming into the space and the ability to make more than 99 cents per download through the rise of the free-to-play business model.
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DeNA Gains Traction in the U.S. With AT&T Social Games Partnership

A week after launching its social network on Android, Japan-based DeNA already has some surprises in the works, including its first carrier partnership in the U.S.
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DeNA Launches Social Game Network on Android Worldwide

Looking to build a very large game network, Japan-based DeNA has launched a social games platform on Android in English-speaking countries around the world.
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Game Studios Are Hot Acquisition Targets in the Race to Mobile and Social

Following the intense bidding war for PopCap last week, it’s likely that more blockbuster purchases will come. So, who will be next?
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Is There a Myspace Mafia, Too? Because Leaving Seems to Have Paid Off for Many Ex-Execs.

When the selling of Myspace winds down in the next week or so, it’ll probably attract a spate of comments about what a failure the whole social networking enterprise turned out to be. That is, unless you think of the mob of former execs who have worked at the company over time, many of whom have moved on to some more golden opportunities after leaving Myspace.
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News Byte

Japanese Game Leader DeNA’s CEO Steps Down

DeNA, which runs Mobage-town, one of Japan’s largest mobile gaming networks, said its founder, President and CEO Tomoko Namba, is retiring due to a family health issue but will continue as a board member and adviser, Reuters reports. Namba, one of Japan’s rare female executives, will be succeeded by Isao Moriyasu, DeNA’s COO and GM of Social Media Business and COO. Last year, DeNA acquired ngmoco in the U.S. for $400 million.

Is There a Second Act for Kevin Rose?

Apple to Sony, Nintendo: Game Over, Man

PS3, Xbox, Wii and…iPhone?