Chris DeWolfe’s Mobile Games Studio SGN Scores $130 Million Netmarble Investment

U.S. mobile games studio SGN on Wednesday announced an investment of $130 million from Netmarble Games, the No. 1 mobile games publisher in South Korea.

“Through this major investment from Netmarble, we will use the proceeds for games studio acquisitions, and to accelerate our organic growth,” SGN CEO and cofounder Chris DeWolfe said. “Global market share is a top initiative for SGN and Netmarble is the perfect strategic partner to help us establish a major presence in the...

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