DeNA to Buy Ngmoco

Hiroko Tabuchi, reporting for the NYT:

DeNA, the Japanese social game giant, said Tuesday that it would acquire Ngmoco, a Silicon Valley iPhone game developer, for $400 million — one of the largest deals ever involving an iPhone application developer and another sign that the iPhone is fast becoming the hottest game device on the market.

A little birdie tells me that Ngmoco employees didn’t hear about the deal until last night. [Update: I originally wrote that Ngmoco employees didn’t hear about the deal until the NYT story hit. My mistake, not the birdie’s. We regret the error.]

★ Tuesday, 12 October 2010