GREE acquires mobile game maker Funzio for $210M

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Japanese mobile gaming platform GREE has acquired Funzio, the U.S. developer behind hit titles like Crime City, Modern War and Kingdom Age. Financial details were not disclosed, although multiple reports indicate GREE paid $210 million. GREE acquired mobile social gaming network OpenFeint in April 2011 for $104 million and plans to launch a revamped social gaming platform in the second quarter. GREE has promised developers the platform will offer a fully "borderless" system including single sign-on for users, a worldwide payment solution, multiple out-of-network cross-promotional channels and a social graph spanning both the iOS and Android operating systems. Article

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