GREE, the Japanese mobile gaming company has bought ios developer ‘Funzio’ for $120 million. Funzio is renowned for developing and making games for iOS, Android, Facebook and Google + platforms. These include Crime City, Modern War and Kingdom Age. Funzio has over 20 million game downloads at present and last year raised $20 million in a series led by IDG Ventures.
“GREE shares our vision of a mobile world where people can play together wherever and whenever they are,” Funzio CEO Ken Chiu said in a statement. “We feel strongly that our experience in creating unique games for the mid-core market and GREE’s expertise in bringing the mobile games to the worldwide community is a perfect match.”