Social developer and publisher 6waves Lolapps announced today that it has acquired Beijing-based studio Smartron5, which will help bolster the company's presence in Asian territories.
Social developer and publisher 6waves Lolapps announced today that it has acquired Beijing-based studio Smartron5, which will help bolster the company's presence in Asian territories. This new acquisition marks the fifth global office for 6waves Lolapps, which now has three branches in Asia, as well as offices in London and San Francisco. As part of 6waves Lolapps, the 30-man team at Smartron5 will develop and release games targeted at the Chinese market, and will assist the company's third-party publishing partners break into Asian territories. "The Asian market is complex and the Smartron5 team brings western-production values with a deep understanding of how to be successful in China," said 6waves Lolapps CEO Rex Ng. "This addition to our team is key to our globalization strategy and will benefit our own game development efforts as well as those of our publishing partners." Since 6waves and Lolapps merged earlier this year, the company has secured an additional $35 million in funding, and has expressed interest in expanding its business into the mobile market. Just this month, the company launched its newest Facebook title, Ravensky City.
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