Java Games Developer Sell out
Sorrent, a creator and global publisher of mobile entertainment, has announced an agreement to acquire Macrospace, an award-winning mobile games publisher based in London. Like Sorrent, Macrospace has built a reputation on creating innovative, high quality mobile entertainment titles, including Fatal Force: Earth Assault, winner of the 2004 Mobile Consumer Choice award for best game.
"Macrospace is one of the most highly regarded mobile gaming companies in Europe and is a true culture fit with Sorrent," said Greg Ballard, chief executive officer, Sorrent. "The company has demonstrated an unwavering commitment to quality. Their exceptional management team, innovative portfolio of games, and extraordinary technology and distribution significantly enhances our position in Europe and will be a substantial asset to Sorrent as we seek to become the leading mobile entertainment publisher in the world."
Macrospace creates some of the most popular mobile games on the market. The company has developed and published more than 40 mobile games including award-winning original titles and third party brands from licensing partners including Cartoon Network, Eidos, Square Enix and Celador International, creator of "Who Wants To Be A Millionaire?" In addition to publishing and developing mobile games, Macrospace also brings games distribution technology to the combined entity through its ProvisionX managed mobile games service. ProvisionX gives wireless carriers the ability to offer mobile gaming content without having to manage the solution internally.
"This deal brings together two hugely talented companies to create a truly world-class organization across mobile games development, publishing and delivery," said Shukri Shammas, managing director of Macrospace. "Sorrent has worked hard to create a fantastic portfolio of games like DRIV3R, Atari's Deer Hunter and the FOX Sports branded titles. We very much look forward to working with Greg and the rest of the team to take this new entity to even greater heights as the market for mobile games continues to grow."
Macrospace will continue operations in London under its current management team. Financial terms of the agreement were not disclosed."
Posted to the site on 2nd December 2004
