Posted: Wed., May 21, 2008, 9:58pm PT

EA acquires Hands-On Mobile Korea

Team best known for 'Heroes Lore' game

Games giant Electronic Arts has acquired Hands-On Mobile Korea, a leading Korean mobile developer and publisher that is a subsidiary of San Francisco company Hands-On Mobile.

Best known for its mobile role-playing game, Heroes Lore. the former Hands-On Mobile Korea team will become EA Mobile Korea and will play a central role in the development of EA Mobile Asia. Gilbert Kim, CEO of Hands-On Mobile Korea will become head of EA Mobile Korea.

Deal terms were not disclosed and takeover is expected to complete by the end of June.

"Hands-On Mobile Korea brings us a great leadership team, proven studio talent, and outstanding carrier and OEM handset manufacturer relationships," Barry Cottle, Senior VP and General Manager EA Mobile, said. "This acquisition is a major milestone in growing our mobile business in Asia."

"We are excited about joining EA Mobile and its mission to bring to market some of the world's most innovative, cutting-edge and commercially proven mobile games and applications. Korea is one of the most ubiquitous entertainment markets in the world," Kim said.


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