Jamdat Acquires Blue Lava, "Tetris" Mobile Game License for $137 MillionAuthored by Mark Hefflinger on April 22, 2005 - 7:39am.
Los Angeles -- Wireless game publisher Jamdat Mobile announced this week that it has acquired Blue Lava Wireless, the fellow publisher who holds the rights to the lucrative "Tetris" game license, for $137 million. The deal gives Los Angeles-based Jamdat an exclusive 15-year license to publish Hawaii-based Blue Lava's "Tetris" for wireless devices; the company plans to soon introduce the game for the first time in India and Latin America. "Tetris is a killer wireless gaming application and together with our existing content portfolio, we believe we will have an unmatched product offering for carriers and consumers," said Jamdat chairman and CEO Mitch Lasky. "The acquisition will also enhance Jamdat's global distribution strength, and increase our market share in Europe and Asia."
http://biz.yahoo.com/bw/050420/205980.html http://www.gamesindustry.biz/content_page.php?aid=8191 http://www.bluelavawireless.com http://www.jamdat.com |
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