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6waves Lolapps Acquires Chinese Social Gaming Company Smartron5
Oct 28, 2011 (04:10 PM EDT)
Social and Mobile Game Developer and Publisher Accelerates Global Expansion, Doubles Asian Presence
SAN FRANCISCO and BEIJING, Oct. 28, 2011 /PRNewswire/ -- 6waves Lolapps, a leading global social and mobile game developer and publisher, today 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 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 for the company in China. Galinger brings deep traditional and social gaming experience from companies including Electronic Arts, 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 Partners PLC, focuses on high quality social games with deeper game 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.
About 6waves Lolapps
6waves Lolapps is a leading global developer and publisher of social and mobile games with offices in the United States, Hong Kong, Japan, China and the United Kingdom. Every month we attract over 40 million users to our games. 6waves Lolapps' publishing helps independent developers grow their games' audiences and improve their performance in the market through a broad range of services. 6waves Lolapps' games studios are a recognized leader in social game development, and the creator of the hit franchise Ravenworld. For more information visit www.6waves.com or www.lolapps.com
SOURCE 6waves Lolapps