Glu Mobile Inc. raised $84 million with an initial public offering priced near the top of its range.The San Mateo, Calif.-based wireless game maker offered 7.3 million common shares at $11.50 compared with a $10 to $12 per-share forecast range. The stock gained 4...
Wireless publisher Glu Mobile Inc. hopes to raise as much as $92 million with a long-awaited initial public offering, according to documents filed with the U.S. Securities and Exchange Commission.The firm looks to become the second pure-play mobile game maker to go public, following...
LAS VEGAS-Mforma Group Inc. is the latest mobile-game publisher to get a makeover, dropping its name in an effort to become more consumer-friendly.The San Francisco-based developer is rebranding as Hands-On Mobile and expanding its portfolio to offer a variety of lifestyle applications in addition...
LAS VEGAS—Mforma Group Inc. is the latest mobile-game publisher to get a makeover, dropping its name in an effort to become more consumer-friendly. The San Francisco-based developer is rebranding as Hands-On Mobile and expanding its portfolio to offer a variety of lifestyle applications in...
SAN MATEO, Calif.-Time Warner Inc. is the latest media giant to join the stampede to the "third screen" with a $7.5 million investment in wireless game maker Glu Mobile. The stake was part of a $27.5 million haul in Series D financing for Glu...
Time Warner Inc. is the latest media giant to join the stampede to the "third screen" with a $7.5 million investment in wireless game maker Glu Mobile. The stake was part of a $27.5 million haul in Series D financing for Glu (formerly Sorrent...
SAN MATEO, Calif.-Glu Mobile Inc. announced the launch of Mr. & Mrs. Smith, a mobile game based on the Twentieth Century Fox film due out this weekend.The title is the third offering under an exclusive deal between Fox and the mobile entertainment publisher, which...
U.S. publisher Sorrent Inc. and its recently acquired European studio Macrospace used the opening night of the BREW Conference as a kind of coming-out party, rebranding as Glu Mobile. Sorrent, which acquired Macrospace in December, boasts a portfolio of licensed titles including games from...
Telesystem International Wireless Inc. said its shareholders approved the sale of its indirect interest in ClearWave N.V. to Vodafone International Holdings B.V. for $3.5 billion and the assumption of about $950 million in net debt. A total of 143.7 million votes were cast at...
LOS ANGELES-With mobile gaming looking to explode from niche to mass market, game-makers are targeting consumers with everything from casual poker games to arcade classics to high-tech 3-D first-person shooters. And it was all on display here at E3. The wireless industry had more...
LOS ANGELES-Kyocera Wireless Corp. announced it will partner with wireless gaming companies Sorrent and Taito to sell Kyocera phones with preloaded games. A variety of handset makers already offer preloaded games."Wireless phones are becoming a distinct extension of certain lifestyles and personalities, including the...
LOS ANGELES-The wireless industry came out in force for the E3 video game convention, with a variety of gaming players making news.Jamdat Mobile Inc. announced it reached a deal with Id Software to bring the company's popular computer game Doom to mobile phones. Jamdat...
To better understand the wireless gaming phenomenon, I recently plunked over $20 of my hard-earned money to install Bejeweled! on my phone. It was a tough assignment, but I took it anyway.In the name of research, I spent four straight hours playing Bejeweled!, trying...
RealNetworks Inc. announced plans to join the crowded mobile gaming playground, acquiring European publisher Mr. Goodliving for $15 million in cash. A 40-person company based in Helsinki, Finland, Mr. Goodliving has enjoyed success with mobile titles like "Trivial Pursuit," "MetalSmash Pinball" and the "Playman"...
As mobile gaming grows from niche market to mass market, developers and publishers are scrambling to market the next big thing. And nearly everyone in the space is putting money on 3-D. "We're spending a lot of time, a lot of energy and a...
Venture capital continued to flood mobile gaming Tuesday as publisher Sorrent Inc. announced it raised $20 million in its latest round of funding.Granite Global Ventures led the Series D round, with current investors BA Venture Partners, New Enterprise Associates, Globespan Capital Partners and Sienna...
CANNES, France-Mobile entertainment publisher Sorrent Inc. plans to announce an agreement to publish content based on noted urban fashion designer Marc Ecko. Sorrent will develop a suite of offerings based on Marc Ecko's Getting Up: Contents Under Pressure, an Atari title for consoles. Atari...
The mobile-gaming industry further consolidated as publisher In-Fusio acquired Thumbworks, a Tustin, Calif.-based provider of entertainment content. Terms of the deal were not disclosed.In-Fusio, a France-based specialist in the "connected gaming" arena, has established footholds in Europe and China. The company first moved into...
Yet another mobile gaming acquisition was announced this week, as InfoSpace Inc. revealed it had bought IOMO Ltd., a U.K.-based publisher, for $15 million in cash.IOMO has developed more than 80 titles in its four-year history, with branded offerings such as Tiger Woods PGA...
LONDON-The mobile-gaming space continued its trend toward consolidation as California-based entertainment publisher Sorrent announced it has acquired U.K. game publisher Macrospace.Terms of the deal were not disclosed.Macrospace boasts a 40-game portfolio, including "Who Wants to be a Millionaire" and branded games from Cartoon Network,...
With wireless gaming finally beginning to catch fire, game developers are learning to exploit the most basic element of the mobile phone: its ability to communicate. Developers have learned that a successful console game doesn't necessarily make for a good experience on a handset....
It was a remarkable coming-out party for Jamdat Mobile Inc. The mobile-game developer raised $88.8 million in its initial public offering, then watched as its stock soared 41 percent Wednesday, the first day of trading.Jamdat had filed for an offering of 5.31 million shares...
LA JOLLA, Calif.-With the NFL's opening weekend just days away, Sorrent announced three new sports-related mobile content offerings. The California-based company will promote the launch with a television advertising campaign that Sorrent claims will be the first of its kind by a mobile-gaming publisher.Beginning...
LA JOLLA, Calif.-With the NFL's opening weekend just days away, Sorrent announced three new sports-related mobile content offerings. The California-based company will promote the launch with a television advertising campaign that Sorrent claims will be the first of its kind by a mobile-gaming publisher.Beginning...
