May 14th, 2007 by Arjan Olsder Posted in Companies & M&A | No Comments »
Last Friday’s news about Zenops acquiring both In-Fusio and Filao Mobile came as a surprise to many players in the mobile games industry. Now however, we got tipped on a message from Florent Pitoun about the value.
Though the financials about the deal where not disclosed, there was a lot of speculation on how a much smaller player like Zenops can get hold of a once big mobile gaming company like In-Fusio.
On Florent Pitoun’s blog, we read that his share value in the In-Fusio company has dropped to nothing. This means that the acquisition was probably on a ‘take my staff and pay my bills’ basis, which probably makes In-Fusio still expensive for Zenops in the long run.
On his blog, Florent also explains why he thinks In-Fusio failed which might serve as a warning to other players in the mobile games industry As he explains, In-Fusio had a “I Want it All” philosophy.
– A mobile games service provider
– A mobile games technology provider
– A top ranked mobile games publisher
– On all continents, all technologies
