Glu Mobile has acquired IGN Entertainment’s GameSpy online gaming technology for a deal that includes $2.75 million of Glu’s stock. Not to be confused with the website of the same name that is also owned by IGN, GameSpy’s technology deals with the connected features of mobile games, including multiplayer matchmaking, player statistics and profiles, friends lists, leaderboards and online storage.
“Our acquisition of GameSpy brings Glu industry-recognised leadership in online, cross-platform technology infrastructure,” said Glu CEO Niccolo de Masi. “We expect that the acquisition of GameSpy will be earnings neutral in the near term. However, GameSpy team and technology is expected to help us drive higher monetisation and lifetime value in Glu’s titles from 2013 on.”
To find out more about GameSpy and their indie development program, check out this exclusive [a]list interview.
Source: AllThingsD
