October 20th, 2004 by Arjan Olsder Posted in Companies & M&A | 1 Comment »
Acquisition Will Increase SkyZone’s Mobile Entertainment Market Position
SkyZone Entertainment, a wireless media leader that delivers fun and exciting “Made for Mobile”(TM) entertainment, today announced an agreement to acquire JSmart Technologies.
JSmart, a leader in casual gaming, is a publisher and developer of games and entertainment applications for mobile phones and handheld devices for the BlackBerry, BREW(R), JAVA, PALM OS(R), and Pocket PC operating systems. JSmart’s entertainment portfolio comprises of over 50 titles including popular games like Merriam-Webster Word Search, Merriam-Webster Spanish-English Dictionary, Betty Boop Crush, Crazy Eights, Concentration, Hangman Tournament and Felix the Cat Puzzles. More …
I recently read that Skyzone have sacked all their executives including their CEO and are running on skeleton staff. I wonder if like Infospace they are about to go under. I think expansion in the mobile gaming industry needs a lot of capital and they just don’t have a lot to go around. SK their parent must have given up on mobile gaming as the sector is too crowded now. Compared to the likes of Gameloft and EA they hardly have any games out. I recently looked at their site and they are selling ringtones for a living now. Why does a mobile games publisher needs to sell ringtones to make money!!
I havent seen any other games publisher selling ringtones on their site before, May be if you see another one report it here:-)