MindJolt, the game distribution company that was acquired by MySpace founder and former CEO Chris DeWolfe last year, has made two significant acquisitions in the gaming space today— game developer Social Gaming Network (SGN) and game network Hallpass Media. The acquisitions were first reported by the New York Times. Financial terms of the acquisitions were not disclosed.
Chris DeWolfe’s MindJolt Expands Gaming Empire; Buys SGN and Hallpass Media
SGN creates a number of popular games for iPhone and Android devices and social platforms like Facebook. SGN’s hit online and mobile games (which have seen 30 million downloads to date), include Mini Tycoon Casino, F.A.S.T., and Skies of Glory. Founded by Shervin Pishevar, SGN has raised a total of $17 million in funding.
Hallpass Media, which has raised $2 million in funding, is an online gaming network consisting of vertically focused casual game destinations. The acquisition brings over four million gamers and nearly 1,500 new games to the MindJolt platform.