CTIA: Glu Mobile Acquires iFone
A number of key franchises obtained in the process
Glu Mobile announced today the acquisition of UK wireless publisher iFone, obtaining global rights to an assortment of popular mobile titles including Lemmings, Atari Classics, Monopoly, and Sonic the Hedgehog.
"Acquiring iFone will boost Glu's distribution and marketing capabilities, as well as deliver a strong portfolio of brands," commented Nick Lane, Principal Analyst, mobile content and applications at Informa Telecoms & Media. "These are all essential attributes at a time when mobile operators are reducing the number of publishers they deal with directly, and large console publishers and media companies are entering the market."
A Mobile Entertainment report, published in August 2005 by Informa Telecoms
& Media predicts that by 2010, the global mobile games market will be worth
Financial terms of the agreement were not disclosed.