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GameFederation acquires Daydream

December 8th, 2006 by Arjan Olsder Posted in Companies & M&A | No Comments »

We reported it before (31-10-2006), but now it’s official. GameFederation has bought all shares of Daydream from 24h Poker. GameFederation made clear in it’s pressrelease that it expects to strategically expand it’s coverage on operators and make use of the close connection that Daydream has with SonyEricsson and Nokia. The acquisition also gives GameFederation access to Harry Potter, Loony Tunes, Batman, Superman and Mastermind licenses.

“Thanks to the acquisition of Daydream, Gamefederation has reached critical mass in terms of volume, turnover, products and customers, making us the market leader for wireless entertainment system platforms.  With a larger operation, we are now in a position to undertake bigger client projects, and be an even stronger partner to our customers and suppliers” says Thomas Lindgren CEO for Gamefederation.

“We have a firm expansion strategy in place and will not rule out further acquisitions. The intention is to grow the business and increase our offerings in wireless solutions and service, thereby adding both technical and commercial value to our multiplayer and connected games platform GEX

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