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DeNA potentially buying ngmoco for over $400,000,000?

10-07-2010, 03:11 PM
#1
Joined: Feb 1983
Location: Barcelona
Posts: 1,268,691
DeNA potentially buying ngmoco for over $400,000,000?

This is kind of interesting, especially since so many people around here were absolutely positive that freemium games would be the death knell of ngmoco. According to TechCrunch, DeNA, the same Japanese company that has been pumping money in to OpenFeint is courting ngmoco to the tune of over $400,000,000.

http://techcrunch.com/2010/10/07/jap...ion-of-ngmoco/

So, apparently, someone is buying those Touch Pets Dogs food packs.
10-07-2010, 03:12 PM
#2
Joined: Jun 2009
Posts: 10,505

10-07-2010, 03:16 PM
#3
Joined: Dec 2009
Location: Montreal
Posts: 2,013
Wow! 400,000,000!!
10-07-2010, 03:19 PM
#4
Joined: Feb 2010
Location: Los Angeles
Posts: 2,255
Sad end, kinda depressing. I went through my Ngmoco phase, and they haven't put anything out that interests me anymore. We Rule was novel at first, then it became tedious, same with the rest of their 'We' series.
10-07-2010, 04:05 PM
#5
Joined: Jun 2009
Posts: 10,505
ngmoco is scroooooood

Quote:
Originally Posted by LBG View Post
So basically I am saying that ngmoco is probably screwed (unless they get money some other way).
Quote:
Originally Posted by Brazilian Rider View Post
It's been said on this thread that only 2% of the Eliminate users actually pay money, so I HIGHLY doubt NGmoco is worried about pirates. They'd get more money if they sold it and people pirated.
Quote:
Originally Posted by Brazilian Rider View Post
BTW, I said Eliminate would fall apart because of the pricing scheme before it came out, so... Do I win?

http://forums.toucharcade.com/showth...t=29567&page=4

*Whistles*
Oh yes, you do win...
10-07-2010, 04:09 PM
#6
Joined: Feb 1983
Location: Barcelona
Posts: 1,268,691
Quote:
Originally Posted by ImNoSuperMan View Post
Oh yes, you do win...
I'm not sure if this is better than all the know it alls in the iPad release thread or not. I'm thinking this might be better just because of how much the freemium model sent so many people in to a fit of frothing rage who were sure ngmoco was going to fail because of it.
10-07-2010, 04:36 PM
#7
Joined: Apr 2010
Posts: 2,415
why would they buy it for 400 million??? theyve only made 40 million in all, it seems insane to purchase it for so much money
10-07-2010, 04:37 PM
#8
Joined: Feb 1983
Location: Barcelona
Posts: 1,268,691
Quote:
Originally Posted by Osujxu View Post
why would they buy it for 400 million??? theyve only made 40 million in all, it seems insane to purchase it for so much money
They've soaked up $40m in outside investments, how much they've made back from that isn't public information.
10-07-2010, 05:21 PM
#9
Joined: Jun 2009
Location: London, UK
Posts: 3,741
That... uhm... side of the world seems to be a little more open minded about microtransactions, what with all their MMOs cashing in on the idea, I wonder if it's any coincidence it's a Japanese company making the offer. Is iPhone gaming even popular in Asia?

  /l、
゙(゚、 。 7 ノ
 l、゙ ~ヽ
 じしf_, )ノ
10-07-2010, 05:35 PM
#10
Joined: Feb 1983
Location: Barcelona
Posts: 1,268,691
Is that a serious question.