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February 9, 2012 06:17 am GMT
Japanese mobile gaming giant DeNA bought mobile app developer Ngmoco last year for $400 million. Since then, the company has acquired a range of other outfits and worked to tie the San Francisco startup in with everything else it does.In general, things seem to be going well. The conglomerate just posted a strong third quarter, with net sales up 16%, which in turn boosted the stock price by more than 8% for a valuation of $4.8 billion. However, net income declined versus the same period the previous year, from $106 million to $79.2 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1CCkXsVCu1I/
DeNA Has Big Quarter, Acquiree Ngmoco:( Has Layoffs
Japanese mobile gaming giant DeNA bought mobile app developer Ngmoco last year for $400 million. Since then, the company has acquired a range of other outfits and worked to tie the San Francisco startup in with everything else it does.In general, things seem to be going well. The conglomerate just posted a strong third quarter, with net sales up 16%, which in turn boosted the stock price by more than 8% for a valuation of $4.8 billion. However, net income declined versus the same period the previous year, from $106 million to $79.2 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1CCkXsVCu1I/
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