Los Angeles' game development studio, Jam City, is opening a store in Toronto with the acquisition of Uken Games Bingo Pop.
The terms of the agreement were not disclosed.
The agreement is part of a broader effort to expand Jam City. Game portfolio and geographical footprint. In recent months, the company has signed agreements with Disney, taking on development tasks in some of the company's games like Disney Emoji Blitz and signing to develop new ones, and launching new games along with other famous franchises such as Harry Potter.
According to SensorTower data, the acquisition of Bingo Pop include a game in the stable of casual game developers, which earned about $ 700,000 in revenue until October.
"We are very proud to continue the rapid global expansion of Jam City with the acquisition of one of the most popular bingo titles and its highly talented team," said Chris DeWolfe, Co-founder and CEO of Jam City, in a statement. This acquisition gives Jam City access to creative talents leaders in one of the fastest growing and most exciting technology markets in the world. We look forward to working with the talented Jam City team in Toronto as we enhance Bingo Pop's live operations and develop new innovative titles and mobile entertainment experiences. "
Founded in Los Angeles in 2009 by DeWolfe, who previously helped create and launch MySpace, and 20th Century Fox executive Josh Yguado, Jam City stood out in the back of his Cookie Jame and Panda Pop games. Now, the The company has expanded through licensing agreements with Harry Potter, Family Guy, Marvel and now Disney. Jam City has offices in Los Angeles, San Francisco, San Diego, Bogot and Buenos Aires.