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Glu Mobile Acquires iFone

Glu Mobile has announced the acquisition of iFone. The acquisition of iFone strengthens Glu's position as one of the premier worldwide publishers of mobile games and reinforces Glu's marketing and sales capabilities throughout Europe.

As part of the acquisition, Glu will obtain global rights to iFone's top-selling titles including Lemmings, Atari Classics and Hasbro, Inc.'s Monopoly, and European rights to iFone's latest run away hit, SEGA's Sonic the Hedgehog.

iFone was named the top-performing mobile games publisher in 2004 and 2005 according to a yearly analysis of the Entertainment and Leisure Software Publishers Association (ELSPA) Mobile Charts conducted by the Informa Telecoms & Media publication, Mobile Games Analyst. iFone was also recently recognized as the second fastest-growing technology company according to the Sunday Times Microsoft Tech Track 100 league table.

A Mobile Entertainment report, published in August 2005 by Informa Telecoms & Media predicts that by 2010, the global mobile games market will be worth $11.2 billion.



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