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DeNA linked to $400m ngmoco acquisition

Japanese firm rumoured to consider buying Neil Young's iPhone business

Japanese gaming giant DeNA is considering an acquisition of iPhone publisher ngmoco for more than $400 million, according the a new report.

Citing chatter from "multiple sources", TechCrunch suggested that Facebook giant Zynga also looked at the possibility of buying ngmoco, but "threw up a little" over the price.

Ngmoco was established by former Electronic Arts Blueprint boss Neil Young and quickly established itself as a leader in games for the iPhone, iPod and iPad, with hits such as Dr Awesome and Rolando. It has bought up a number of developers along the way, including Stumptown Game Machine and Freeverse, and raised over $40 million.

DeNA has recently invested in Astro Ape and Gameview, and is Japan's largest social mobile games company.

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Matt Martin


Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.

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