It's all go with Japanese social mobile games platform GREE.
As well as buying OpenFeint, it's just announced a $100 million fund - called the A-Fund - that's focused on start ups developing apps and services that take advantage of Android's rapid growth.
In addition to GREE, the fund has been created with anchor cash from Japan's second biggest mobile operator KDDI and Chinese online company Tencent, which will also provide technical support.
The fund will be managed by venture capital firm DCM, which will provide the majority of the capital, business expertise and business development.
It's open to startups and developers from around the world, at any stage and size
Unleash your hidden robot
"There is an amazing array of ideas and talent waiting to be unleashed," said Yoshikazu Tanaka, GREE's founder and CEO.
"The A-Fund will give start-ups the ability to take advantage of Android's inherent international potential, and access to top investors and strategic partners across the world."
The goal with the fund is to create a network of Android-focused start ups and provide access to resources, relationships and business opportunities.
[source: GREE]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Related Articles
Top Stories
as
News
1 hour, 32 minutes ago
Nexon banks on big Dungeon & Fighter Mobile China launch as Q1 revenue declines
as
News
2 hours, 42 minutes ago
Netmarble cuts losses but revenue falls in Q1 after lack of new game releases
News
6 hours, 31 minutes ago
Epic Games hit with €1.1m fine for unfair commercial practices in Netherlands
Feature
May 14th, 2024
Matej Lančarič's Squad Busters deep dive: Under the skin of 2024's biggest launch yet
Feature
May 14th, 2024
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Events
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Berlin May 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
Morocco Gaming Expo | Africa | May 24th |