Glu Mobile sells off ProvisionX
Wmode picks up game distributor
Glu Mobile has sold third-party mobile games delivery firm ProvisionX to Wmode, a mobile content management service provider.
According to a statement issued by Wmode, the move is part of plans to expand the company's game distribution services and reach in Asia, South America and Europe. Following the ProvisionX acquisition, Wmode will distribute games to customers in more than 20 countries.
"The acquisition of ProvisionX strongly complements our current
services by offering a dedicated gaming platform in high growth markets and
expanding our reach in key markets," said Wmode CEO Emanuel Bertolin.
Glu Mobile boss Greg Ballard added: "We have been a partner of Wmode for years, and we are confident that their strong operational experience combined with the addition of ProvisionX to their portfolio of services will provide current and future customers with innovative services that will enhance their business."
The financial terms of the deal were not disclosed.