© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - GREE International Acquires DragonSoul
Posted 7th October 2016

GREE International Acquires DragonSoul

GREE International Entertainment, Inc., the Western arm of global mobile social company GREE, Inc.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

GREE International Acquires DragonSoul
Image

GREE International Entertainment, Inc.  the Western arm of global mobile social company GREE, Inc., today announced the acquisition ofDragonSoul, the critically-acclaimed mobile role playing game (RPG) developed by PerBlue (http://perblue.com) that’s topping the charts on both the iOS and Google Play Store. With modern graphics, engaging characters, deep social features and contemporary RPG gameplay, DragonSoul boasts more than 50,000 five star reviews on iOS and Android and more than nine million players worldwide.

“DragonSoul has a unique position in today’s mobile gaming market, blending memorable characters with humorous tones and compelling gameplay that keeps players engaged and entertained for hours on end,” said Andrew Sheppard, CEO, GREE International Entertainment. “We’re excited to marry DragonSoul’s fun factor and depth of gameplay with our publishing powerhouse as we grow the franchise worldwide for all to enjoy.”

The global scale of GIE will help unlock further opportunities for the DragonSoul franchise. GIE will leverage its European operations, including localized live events, with the goal of significantly increasing market share of the DragonSoul franchise. Product and engineering experts from GIE will be used to further improve the game and its features, and will execute a global marketing strategy to help introduce the franchise to players around the world. GIE will continue to operate its stable of long-standing franchises including Knights & Dragons and Modern War.

“We’re thrilled to see DragonSoul evolve into a global franchise that will excite players for years to come,” said Justin Beck, CEO and Co-Founder of PerBlue. “GREE’s knowledge and expertise in operating AAA mobile gaming franchises make them the perfect partner to take over DragonSoul’s reins.”

Jim Hughes, Vice President of Product Management, GREE International Entertainment, said: “We believe there’s tremendous opportunity outside of North America specifically to grow DragonSoul into the wildly popular franchise it is in the U.S. today.”

Terms of the deal state that GIE will be acquiring assets only related to the DragonSoul franchise. PerBlue’s current team will continue to create brand new games and support previously developed games that are not part of this acquisition. In a very competitive market, PerBlue has built a world-class independent gaming studio known for building and scaling successful mid-core mobile games. This acquisition will provide the best future for DragonSoul and also give the PerBlue team the best ability to innovate and create future hit games.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
5 Best Practices Of Project Development
Strategy
22/02/20235 Best Practices Of Project Development

Would you plan out every minute of your day if it would improve your life experiences? Some people would agree to this course of action if given a chance, especially since planning has been proven to contribute to the success of any endeavour. The same princip

Read Full PostRead - Eye Icon
How Debt Impacts Climate Disasters
Finance
16/05/2023How Debt Impacts Climate Disasters

Most of the countries that are vulnerable to climate disasters are also struggling with debt, which is making it harder for them to respond effectively to climate-related emergencies.

Read Full PostRead - Eye Icon
United States LED Lighting Market to Reach $5.2 Billion in 2015
Finance
13/04/2015United States LED Lighting Market to Reach $5.2 Billion in 2015

Declining LED prices coupled with supportive government initiatives driving US LED lighting market.

Read Full PostRead - Eye Icon
Effective Strategies for Real Estate Investment
News
19/09/2022Effective Strategies for Real Estate Investment

What are your long-term financial goals? Do you want to have enough retirement savings to stop working sooner than most? Are you hoping to make more money now so that your family will be more comfortable in the years to come? Whatever your motivation is for br

Read Full PostRead - Eye Icon
Taking Technology To The Next Level
News
22/04/2021Taking Technology To The Next Level

As technology has evolved over the years, so too have the ways in which that technology is used. More and more innovations are happening on a daily basis, and the world is moving at a faster pace than ever before towards greater implementation of technology. A

Read Full PostRead - Eye Icon
Deal of the Year 2014: Yes Bank Raises US$500m through QIP
Finance
02/03/2015Deal of the Year 2014: Yes Bank Raises US$500m through QIP

In May 2014, YES BANK, India’s fourth largest private sector bank, successfully closed a qualified institutions placement to raise US$500m. We take a closer look at this major deal

Read Full PostRead - Eye Icon
Hair Raising!
Leadership
30/10/2017Hair Raising!

Hair Raising!

Read Full PostRead - Eye Icon
Empowering Traders Daily
Finance
29/06/2019Empowering Traders Daily

Headquartered in Wesley Chapel, Florida, just north of Tampa, Vantagepoint AI remains at the forefront of trading software research and development.

Read Full PostRead - Eye Icon
AI and ESG: Where Do They Overlap?
Corporate Social Responsibility
06/11/2023AI and ESG: Where Do They Overlap?

AI and ESG are two boardroom topics that have more in common than you might think.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow