UI Magic buys Korean mobile game developer

Wireless technology provider UI Magic has entered the mobile gaming market with the purchase of Moai Technology, a Korean developer and publisher specialising in networked titles.

Moai was co-founded in 2003 by Harry "Jun Hwa" Chang, who will now take on the role of chief creative officer and executive VP of Korea operations for San Diego-based UI Magic.

"This acquisition will enable us to move into the real-time mobile networking gaming segment, which we expect will have huge potential in the US," said UIM president and CEO Satoru Yukie.

"The strategic sales/marketing channels with existing major Korean carriers and other global carriers that Moai will be bringing to the table will prove to be a significant asset."