CyberAgent is continuing to expand its social gaming business. The Japanese web powerhouse, which is currently listed at the Tokyo Stock Exchange with a US$1.9 billion market cap, has acquired a majority stake in Tokyo-based R-Force Entertainment.
The Tokyo-based game maker has been around since 1999 and developed over 300 titles since. R-Force currently employs around 30 people, according to its website.
R-Force’s most recent hit is Coinfalls, a gambling app for iOS that made it briefly into the top 10 ranking in the Japanese iTunes store. The company has developed a number of social games (Japanese only), too.
Cyberagent bought 70% of the company for an undisclosed sum and absorbed R-Force into its group.
Here are all social app/game makers CyberAgent now owns:
- R-Force Entertainment
- Grenge (a joint venture with Mixi)
- CA Beat
- CyberAgent America
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