Fenwick & West LLP represented its client ngmoco, Inc., a leading iPhone and iPod touch game developer and publisher based in San Francisco, CA, in its recently announced acquisition of Freeverse, a developer and publisher of seamless software for the Mac and iPhone platforms based in Brooklyn, NY. Hit titles in the Freeverse portfolio include Skee-ball, Moto Chaser, Flick Fishing, SlotZ Racer, Flick Bowling and NBA Hotshot, among others.
Financial terms of the acquisition were not disclosed.
In addition, this week, our client also announced Series C funding of approximately $25 million led by Institutional Venture Partners. ngmoco’s investors include Kleiner Perkins Caufield & Byers, Maples Investments and Norwest Venture Partners. ngmoco’s titles dominated the charts with blockbusters and critical successes like Rolando 2, Star Defense, Eliminate Pro and Touch Pets Dogs.
To obtain more information on the transaction, please click here.
The Fenwick & West transaction team included corporate attorneys Mark Stevens, Brian Hicks , Aaron Kornfield and Adam Jacobwitz; executive compensation and employee benefits attorneys Blake Martell, Mona Clee and Gerald Audant; technology transactions attorneys Jennifer Stanley, Chris Joslyn, Tracy Randall, Christa Gaines Deeringer and Robin Schulman; and tax attorney Tim Fitzgibbon.
Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. The firm is ranked by MergerMarket as one of the top 5 technology M&A practices in the U.S., by Legal 500 as one of the top 3 U.S. law firms in the interactive entertainment sector for corporate and M&A, and by Bloomberg and FactSet as one of the top dozen M&A legal advisors in the U.S. – across all industries.