Casual Games Boonty Acquires Chinese Firm Gamehub
By Rafat Ali - Wed 25 Oct 2006 08:55 AM PST
Boonty, an online distributor of casual games, is acquiring Beijing-based Gamehub, a creator and publisher of multiplayer casual digital game titles. Financial details of the acquisition were not disclosed. This acquisition will fit in the new Boonty offer combining the community-based aspects of casual gaming with social networking, the company said. Gamehub was founded last year; Boonty has been in operation since 2001, and riased $10 million in second round funding in July.
Posted in: Countries, Asia, China, Entertainment, Gaming, Money, VC+M&A
