Mergers & Acquisition News Technology

Jam City is buying Bingo Pop to set a shop in Toronto

Jam City is buying Bingo Pop from Uken Games to set up a store in Toronto to expand their gaming and geographic portfolio.

Jam City is a Los Angeles-based mobile game developer that connects people that are fun, exciting, and free. It was founded by Chris DeWolfe, Colin Digiaro, Aber Whitcomb, and Josh Yguado  in 2010. Most of the games Jam City produces are free-to-play and give users the option to make microtransaction purchases with real money to obtain more lives or add special skills in-game that allow them to advance further.

Jam City’s goal include long life games that generate revenue for the year. The company plans to set up a shop in Toronto by buying Bingo Pop from Uken Games. Bingo Pop is a free award-winning classic bingo game mixed with Huge Jackpots, Fast-Paced action, Power-Ups and more. Bingo Pop was launched in 2012.

The acquisition is to expand Jam City’s portfolio in games and geographic footprint. Chris DeWolfe, CEO of Jam City, said in a statement that they are so proud to be continuing the company’s rapid global expansion with the acquisition of one of the most popular bingo titles, and its highly talented team.

He also said that Bingo Pop’s acquisition will provide Jam City with access to leading creative talent in one of the fastest growing and most exciting tech markets in the world.

Chris Ye, CEO of Uken Games, said that 42 team members will join Jam City. He stated that they are confident that Jam City will be a great home for Bingo Pop and the talented team behind the game in its next phase of growth.

Jam City had 13 games published, including their very own Cookie Jam.


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