Get industry news directly to your inbox. Subscribe to news alerts.
Posted on October, Monday 31, 2011 By itVAR News Network
6waves Lolapps, a leading global social and mobile game developer and publisher, has announced its acquisition of Beijing-based social gaming company Smartron5. One of Asia\'s most talented game development teams, the acquisition marks 6waves Lolapps\' continued expansion into the Asian market adding to its existing Hong Kong and Tokyo offices.
\"The Asian market is complex and the Smartron5 team brings western-production val
"The Asian market is complex and the Smartron5 team brings western-production values with a deep understanding of how to be successful in China," said Rex NG, CEO of 6waves Lolapps. "This addition to our team is key to our globalization strategy and will benefit our own game development efforts as well as those of our publishing partners."
"The opportunity to add a team that can deliver on our reputation of providing today's most exciting social game experiences made this an easy decision," said Arthur Chow, COO of 6waves Lolapps. "The Smartron5 team brings with them not only a commitment to quality but a depth of relationships that can only be achieved through years of experience innovating in the Chinese-market."
The acquisition adds Beijing to 6waves Lolapps' steadily growing list of Global offices which includes the aforementioned three offices in Asia as well as offices in London and San Francisco. 6waves Lolapps' Asian presence now leaps to more than 75 people, expanding the company's overall headcount to more than 170 employees worldwide.
Smartron5's CEO, Gage Galinger will become 6waves Lolapps' Vice President of Content Development and will head up operations in China. Galinger brings deep traditional and social gaming experience from companies including Enorbus, Microsoft and Blizzard. The Smartron5 team will be immediately integrated into 6waves Lolapps' global presence and will be focused on product development for the local social and mobile market.
Smartron5, backed by London listed private equity group Origo PLC, focuses on high quality social games with deeper games play experiences for Asian and international social networks. The terms of the acquisition were not disclosed.
Both 6waves Lolapps and Smartron5 have a presence at TechCrunch Disrupt Beijing.