{"id":13956,"date":"2011-04-22T12:33:54","date_gmt":"2011-04-22T03:33:54","guid":{"rendered":"http:\/\/asiajin.com\/blog\/?p=13956"},"modified":"2011-04-22T12:33:54","modified_gmt":"2011-04-22T03:33:54","slug":"gree-acquires-openfeint-for-104-million-as-part-of-global-expansion","status":"publish","type":"post","link":"https:\/\/asiajin.com\/blog\/2011\/04\/gree-acquires-openfeint-for-104-million-as-part-of-global-expansion\/","title":{"rendered":"Gree acquires OpenFeint for $104 million as part of global expansion"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/gree-corp.com\/template\/about\/press\/0422_02\/01.png\" alt=\"\" \/><br \/>\n<a href=\"http:\/\/asiajin.com\/blog\/tag\/gree\/\">Gree<\/a>, Japan&#8217;s social gaming giant,<a href=\"http:\/\/gree-corp.com\/?g=about&amp;s=press&amp;p=20110422_02\"> announced today <\/a>that it has acquired social platform <a href=\"http:\/\/www.openfeint.com\/company\">OpenFeint<\/a> for $104 million USD. OpenFeint &#8216;s social\u00a0platform\u00a0for iPhone and Android allows developers to add social elements to existing games with minimal programming. This low barrier to entry has accelerated its growth since its founding in 2009, now\u00a0boasting a catalogue of over 5,300 games, 19,000 game developers, and 75 million users. The OpenFeint team will remain intact along with CEO and founder Jason Citron, and will look to double in size over the next year. Gree will be able to help grow and tap into OpenFeint&#8217;s massive game\u00a0distribution\u00a0network, allowing Gree to reach over 100 million users.<br \/>\nThis acquisition comes after a string of announcements of aggressive growth for Gree, having recently announced a major partnership with mig33 to reach 47 million users in Southeast Asia. It is evident that international partnerships with existing gaming giants like <a href=\"http:\/\/asiajin.com\/blog\/2011\/01\/26\/japans-mobile-social-gaming-giant-gree-partners-with-chinas-tencent-qq\/\">China&#8217;s Tencent<\/a>, mig33, and now OpenFeint are of strategic importance for a company whose core\u00a0user-base\u00a0and revenue stream are in a large but\u00a0ultimately\u00a0matured mobile game market of Japan.<br \/>\nWe also got wind that Gree San Francisco is celebrating with champagne right now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gree, Japan&#8217;s social gaming giant, announced today that it has acquired social platform OpenFeint for $104 million USD. OpenFeint &#8216;s social\u00a0platform\u00a0for iPhone and Android allows developers to add social elements to existing games with minimal programming. This low barrier to entry has accelerated its growth since its founding in 2009, now\u00a0boasting a catalogue of over&hellip; <a class=\"more-link\" href=\"https:\/\/asiajin.com\/blog\/2011\/04\/gree-acquires-openfeint-for-104-million-as-part-of-global-expansion\/\">Continue reading <span class=\"screen-reader-text\">Gree acquires OpenFeint for $104 million as part of global expansion<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[17],"tags":[224,1441,1732,1791,3385,3414],"class_list":["post-13956","post","type-post","status-publish","format-standard","hentry","category-japan","tag-android","tag-gree","tag-iphone","tag-japan","tag-smartphone","tag-social-gaming","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/13956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/comments?post=13956"}],"version-history":[{"count":0,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/13956\/revisions"}],"wp:attachment":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/media?parent=13956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/categories?post=13956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/tags?post=13956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}