GameSpy Technology acquired by mobile game publisher Glu Mobile

Newsbrief: Mobile game developer and publisher Glu Mobile has acquired GameSpy Technology from IGN Entertainment, as it looks to expand its cross-platform mobile business. GameSpy offers social connectivity features for developers, including multiplayer matchmaking, player statistics and leaderboards, and has previously been integrated into one of Glu's multiplayer mobile titles, Gun Bros. Through this acquisition, Glu hopes to expand on the social functionality and scalable multiplayer options in its future releases. While the company admitted that in the short-term, this acquisition won't make a huge difference in terms of earnings, it believes that GameSpy will eventually help drive higher monetization for Glu from 2013 onwards.