Oak Investment

Casual Games Firm Oberon Acquires I-play for About $110 Million

Authored by Mark Hefflinger on May 31, 2007 - 10:47am.

New York - Oberon Media, a publisher and distributor of casual games, announced on Thursday that it has acquired I-play, a developer of casual mobile games. While financial terms of the transaction were not disclosed, Israel's Globes Online reported that Oberon will pay $110-120 million for London-based I-play, which was founded in 1998.