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
Website:
http://www.iugome.com
Location:
Vancouver, British Columbia, Canada

Founded in 2003, IUGO has been at the heart of the mobile development boom in Vancouver. With international successes, they have expanded to nearly 100 employees and occupy a large open plan studio close to Downtown Vancouver. Driven by a passion for mobile gaming they have stayed ahead the curve, developing cutting edge technologies to ensure ongoing excellence in everything they do. 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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