News

Mobile acquisition and management firm Maple Media snaps up Banana & Co’s mobile games portfolio

Date Type Companies involved Size
December 6th, 2018 acquisition Banana & Co.
Maple Media
Not disclosed
Mobile acquisition and management firm Maple Media snaps up Banana & Co’s mobile games portfolio

Los Angeles-based mobile acquisition firm Maple Media has acquired mobile games developer Banana & Co’s portfolio of games.

The San Francisco-based developer’s body of work focuses on classic and casual games and includes titles based on Checkers, Hearts, Mahjong and Sudoku.

According to Maple Media, it aims to multiplayer functionality to Banana & Co.’s titles in order to drive increased engagement and adoption.

The Los Angeles-based firm also has further plans to expand in 2019 through additional acquisitions of leading mobile app and games properties.

Expansion 

“The Banana & Co. team has developed a best in class portfolio of evergreen classic and casual games with a passionate and engaged player base,” said Maple Media CEO Michael Ritter.

“Their games fit well with Maple Media’s strategy to further grow and operate existing mobile apps by leveraging our extensive expertise in mobile app operations and advertising.”

Banana & Co co-founder Yichel Chan added: “We're pleased that the classic and casual mobile games we’ve developed over the past few years have found a home with Maple Media.

“I’m confident that our games will continue to grow and find new players given the breadth of expertise within Maple’s team.”

Maple Media raised $30 million from private equity firm Shamrock Capital to increase its operations back in 2017.

According to the company, the funds will be used to acquire and manage a number of mobile studios that develop everything from games to productivity apps.


Staff Writer

Iain is a freelance writer based in Scotland with a penchant for indies and all things Nintendo. Alongside PocketGamer.Biz, he has also appeared in Kotaku, Rock Paper Shotgun, PCGamesN and VG24/7.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies
Important information

This site uses cookies to store information on your computer. By continuing to use our site, you consent to Steel Media's privacy policy.

Steel Media websites use two types of cookie: (1) those that enable the site to function and perform as required; and (2) analytical cookies which anonymously track visitors only while using the site. If you are not happy with this use of these cookies please review our Privacy Policy to learn how they can be disabled. By disabling cookies some features of the site will not work.