October 11th, 2004 by Arjan Olsder Posted in Companies & M&A | No Comments »
MFORMA Group Inc., a leading global publisher and distributor of wireless entertainment content, has made a strategic investment in Magus-Soft, the leading mobile games developer in China. The investment establishes for MFORMA an operating presence in China, allowing it to distribute Java and Brew applications, as well as SMS, WAP, and other interactive mobile applications, throughout China. MFORMA has been working in China for more than a year and formed MFORMA China last June.
Magus-Soft has developed more than 80 mobile games and entertainment applications for the Chinese marketplace for both Java and BREW wireless platforms. Magus-Soft is the number one China-based developer and publisher of mobile entertainment applications and has developed successful applications for multiple genres, including sports, RPG, adventure, arcade, and casino, as well as premium branded titles such as Team China Soccer, and Super League Football. The partnership between MFORMA and Magus-Soft is of key strategic benefit to both parties. MFORMA instantly strengthens its position in the Chinese marketplace and Magus-Soft benefits from MFORMA’s global distribution network and worldwide publishing capabilities. More …
