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Lolapps, 6waves Merge For Social Games Heft

By Robert Andrews
Originally published by paidContent paidContent, paidContent paidcontent:uk, paidContent paidcontent.org • 26th July 2011

Polaris- and Ron Conway-backed social games maker Lolapps of San Francisco is merging with Hong Kong-based counterpart 6waves, as each plays catch-up to market-leading Zynga and Playfish in the social games space.

Lolapps’ two games are Ravenwood Fair and Ravenwood Mines. But its greater asset is Fliso, the Flash engine it recently acquired from Sean Cooper Games in order to build these simple, isometric 3D social game worlds. 6waves has more games, including Birdland and Animal Party.

Terms aren’t disclosed.

Inside Social Games: “(The companies’ CEOs) confirmed that 6waves Lolapps is now in the process of raising funding. 6waves’ last round brought in $17.5 million in January 2010, while Lolapps’ last known funding was a $4.5 million Series A round raised back in September 2008.”

CategoriesUncategorised
Tagsmergers & acquisitions
FocusCompany M&A
Topicentertainment, Social Media, Video Games
SourcepaidContent, paidcontent:uk, paidcontent.org
ClientContentNext


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