Vancouver Game Developer takes Investment from Japan's GREE

Posted by Rob Lewis

Japan's GREE announced today that it has made a minority investment in Vancouver game developer IUGO Mobile Entertainment.

GREE’s investment in IUGO is the latest step in GREE’s global expansion plans.

GREE acquired plug and play mobile social platform OpenFeintin April 2011 for $104 million, growing their network to over 190 million players and over 7,500 game applications.

Under the new partnership, IUGO and GREE will co-develop high-quality, free-to-play content leveraging IUGO’s proprietary technologies which GREE will use to expedite development and enhance the quality of its social mobile games.

The new partnership follows GREE’s investment last week in HTML5 powerhouse, Wizcorp.

Company:
IUGO Mobile Entertainment Inc.
Website:
http://www.iugome.com
Location:
Vancouver, British Columbia, Canada

Founded in 2003, IUGO Mobile Entertainment is an independent studio specializing in the design, development and deployment of premium games for smartphones. IUGO has earned a solid reputation for delivering recognized AAA titles for major global publishers, technology giants and other mobile-related corporations. The studio has also earned success with its own original IP with hits such as Toy Bot Diaries,... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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