FunPlus Sells Gaming Subsidiary for $960 Million

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Mobile social gaming company The Fun Plus Group has today announced it has sold its wholly owned gaming subsidiary DianDian Interactive to Zhongji Holding for up to $960 million. DianDian Interactive is responsible for multiple hit mobile titles, including Family Farm and Barn Voyage. According to FunPlus, the developer’s games are played by more than four million people every day.

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Glu Mobile Announces Q2 2014 Financial Results, Acquires Cie Games

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Glu Mobile has announced its financial results for Q2 2014, seeing non-GAAP revenues of $35 million, up 51 percent year-over-year from $23.2 million in Q2 2013. GAAP revenue was $40.9 million for the quarter, up from $24.4 million in Q2 2013.

In addition, the company has announced its acquisition of Cie Games. The developer of Racing Rivals (pictured) and Car Town has been acquired for $100 million ($30 million in cash and $70 million in common stock), with the acquisition expected to close in August.

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Google-acquired Word Lens translation app is free on iOS and Android

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Quest Visual’s Word Lens is now free, thanks to its recent acquisition from Google. The cross-platform translation app has even been featured on the iPhone 5s commercial, but now Google will most likely merge the service with Google Translate and Google Glass. Unfortunately, the app is not available for Windows users. (more…)

TabTale acquires Coco Play, extends global presence into China

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Children’s app publisher TabTale has today announced its acquisition of Coco Play Limited, a Hong Kong and China-based developer of educational apps and games for children. The deal will see TabTale extending its reach into China and is part of the company’s goal to expand its overall global presence.

Via the deal, Coco Play’s team will join TabTale, bringing its apps’ two million monthly active users into TabTale’s community. Coco Play is behind popular apps including Coco Princess and Amazing Coloring Studio, which have reached the spot of “No. 1 free kids app” in territories including China.

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App monetization platform Appnext acquires AppHome for $2.5 million

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App monetization and distribution platform Appnext has announced its acquisition of social app and game developer AppHome. The $2.5 million acquisition is the culmination of an ongoing partnership with AppHome, which sees AppHome’s technology integrated into the Appnext platform to offer mobile developers better monetization and advertising tools.

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Software testing company uTest relaunches as Applause, acquires TestHub

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Software testing company uTest has relaunched as Applause. The updated company has expanded its focus to “360 degree app quality,” offering in-the-wild testing of products so developers can maximize their app quality across a variety of factors. In addition, the company has announced its acquisition of German crowd-testing company Testhub, which will become Applause’s European base of operations, Applause EU.

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Digital newsstand company Zinio acquires Audience Media to expand publishing services

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Digital newsstand and magazine platform Zinio has announced its acquisition of Audience Media, a developer of mobile app solutions. The pair will work to translate print publications into mobile apps for the best smartphone and tablet reading experiences possible.

The Zinio app on mobile allows users to access more than 5,000 digital magazines. This acquisition of Audience Media will expand the company’s digital publishing services. In turn, Zinio will extend its footprint in the world of branded apps for individual publications.

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Roadhouse Interactive acquires Chunky Pig, launches publishing services division

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Vancouver-based game developer Roadhouse Interactive Limited has announced its new publishing services division, which will work to partner with other developers from around the world to manage live game operations. This new publishing services division will be led by the team from Roadhouse Interactive’s newly acquired Chunky Pig, a digital marketing company.

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Wix.com continues mobile expansion with acquisition of app builder Appixia

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Cloud-based web development platform Wix.com has announced its acquisition of Appixia, a platform for building native mCommerce apps. By joining forces, the two companies will allow businesses and individuals to build their online presence using the pair’s tools for creating native mobile applications. Wix launched its mobile adaptive solution last year, and now, over 30,000 new mobile sites are created by Wix users each day.

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Kabam acquires Underworld Empire developer Phoenix Age

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Social and mobile game developer and publisher Kabam has announced its acquisition of Phoenix Age, the developer of mobile and Facebook game Castle Age and iOS title Underworld Empire. The terms of the acquisition weren’t revealed, but the 44-person Phoenix Age team will continue to operate in its current offices.

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