May 27th, 2008 by Arjan Olsder Posted in Companies & M&A | 1 Comment »
Not even a week after the acquisition of Hands-On Korea by EA Mobile, we found financial documents about the transaction for which EA laid down $ 29 million.
To acquire the company, EA paid the whole sum in cash.
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I think $29mil is way too high considering the size of the korean market and the revenue of Hands on mobile korea.