It's looking like US mobile publisher Glu Mobile [Nasdaq:GLUU] is lining itself up for a major re-organisation or possible sale.
A SEC filing has revealed that senior VP of global publishing Jill Braff is leaving, effective October 9th, to become the president and CEO of an unnamed privately-held company.
Glus CEO Greg Ballard is also on borrowed time. He announced he was leaving in July 2009, and is only staying while a replacement is found.
European MD Frank Keeling left in September 2009.
The departure of three of Glus top executives leaves the way open for a new team to come in a shake up operations.
The company has been losing money quarter on quarter for several years, although it was cashflow positive when it announced its Q2 2009 figures following a process of restructuring.
Equally though, this could herald a future merger or acquisition, although its not clear who would want to purchase the publisher.
Despite predicting turnover of around $80 million for FY2009, it has struggled to compete with the likes of EA Mobile and Gameloft on the mobile side of the business, and was slow to get into iPhone development.
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.
Top Stories
News
1 hour, 27 minutes ago
Nintendo releases first official statement on "the successor to Nintendo Switch"
News
1 hour, 56 minutes ago
Microsoft closes Mighty Doom dev Alpha Dog, Arkane Austin, Tango Gameworks and more
Feature
2 hours, 50 minutes ago
Mobile Mavens: The industry has its say on Squad Busters ability to draw in “untapped audiences” with its “influence from a range of genres”
Feature
5 hours, 37 minutes ago
Hot Five: Supercell’s Squad Busters supremacy, Brawl Stars bounces back, and a games industry journey at King
Feature
5 hours, 57 minutes ago
April 2024 mobile game charts: Call of Duty: Warzone Mobile loses launch momentum and Brawl Stars’ astronomical rise
Events
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
WN Conference Istanbul 2024 | Jun 11th | |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Develop: Brighton 2024 | Europe | Jul 9th |
Mobidictum Meetup Barcelona September 2024 | Europe | Sep 1st |