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October 24, 2012 10:58 pm GMT
Bolstering its arsenal of first-party games for the Japanese market, GREE acquired developer Pokelabo for $173 million in an all-cash deal. Asia-focused venture capital firm DCM gets a win with this acquisition as it had a little over 20 percent of the company. Sega also had a strategic investment in the company, after it was founded five years ago.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/L4bk1ZyvAm0/
Japans GREE Acquires Game Developer Pokelabo For $173M
Bolstering its arsenal of first-party games for the Japanese market, GREE acquired developer Pokelabo for $173 million in an all-cash deal. Asia-focused venture capital firm DCM gets a win with this acquisition as it had a little over 20 percent of the company. Sega also had a strategic investment in the company, after it was founded five years ago. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/L4bk1ZyvAm0/
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