Social games company Playdom
announced the acquisition of Buenos Aires-based developer Three Melons
today.
This is the latest in a series of acquisitions in social gaming over the past few months.
With industry leader Zynga raising $180 million in December, and gaming giant Electronic Arts making a huge play in social games by acquiring Playfish, there is a lot of cash lying around and plenty of pressure to scale up to stay competitive.
Some of the deals that have been announced thus far:
- Zynga acquired Serious Business in early February.
- Playdom acquired Offbeat Creations in early March.
- Ex-MySpace boss Chris DeWolfe raised over $20 million, acquired MindJolt, and made clear his intentions to keep on buying up game developers.
- Several weeks ago, Playdom acquired Metro Games, another Argentine company.
To read the full, original article click on this link: Don't Look Now, But There's A Massive Roll-up Going On In Social Gaming
Author: Nick Saint