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Mobile Entertainment Publisher Jamdat Acquires Downtown Wireless

Authored by Mark Hefflinger on January 6, 2005 - 2:34am.
Los Angeles -- Mobile entertainment publisher Jamdat Mobile announced on Thursday that it has acquired Los Angeles-based mobile game developer Downtown Wireless. Financial terms of the transaction were not disclosed. Founded in 2003, Downtown Wireless has developed a number of casino titles, including "Downtown Texas Hold 'Em," "Downtown Video Slots" and "Downtown Roulette." "The acquisition of Downtown Wireless is consistent with Jamdat's strategy to build value from a slate of owned intellectual properties," said Jamdat chairman and CEO Mitch Lasky. Los Angeles-based Jamdat went public in September 2004 in an IPO that raised $61 million.
http://biz.yahoo.com/bw/050106/65470_1.html 
http://www.jamdat.com 
http://www.downtownwireless.com

tags: Jamdat | Mobile Entertainment Publisher | Acquires | Downtown Wireless |

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