September 27th, 2006 by Arjan Olsder Posted in Companies & M&A | No Comments »
Digital Orchid, known for their sports apps, has pulled out it’s wallet to acquire Blue Tech, developer of both mobile games and applications. The deal boosts Digital Orchid’s portfolio as well as distribution network. Digital Orchid now has access to 65 brands.
“By leveraging Blue Tech’s European stronghold and rich technical skills we will be able to further represent our partner brands in the wireless marketplace,” said Daniel Daou, CEO and co-founder of Digital Orchid. “And with Kato Studios’ robust games catalogue, we can provide an all encompassing mobile solution to our brand and carrier partners worldwide.”
“We are thrilled to join the Digital Orchid family,” said Alvarez-Ossorio. “Digital Orchid’s advanced technology platform allows us to easily and quickly distribute our gaming products through multiple handsets across multiple regions. By joining forces with Digital Orchid, Blue Tech has gained worldwide reach for our partner products along with access to popular U.S. brands for games development.”
Financial details around the takeover have not been disclosed.
