ngmoco:) Acquires Freeverse

The latest news (and a big one) is that ngmoco:) has acquired Freeverse.  After raising yet another $25 million dollars from investors, ngmoco:) went ahead and bought Freeverse to continue on its domination of the App Store.  Last year, ngmoco:) switched to the freemium model (free + DLC), and all of their upcoming games will contain this model.

Meanwhile, Freeverse’s games have succeeded and succeeded well.  Skee-Ball has hit the number one spot on the Top 100 Paid Apps chart along with Flick Fishing amassing over one million downloads.  Their other popular paid apps include Flick Bowling and Moto Chaser, both of which saw early success when the App Store was first introduced.

In total, ngmoco:) has raised over $40 million dollars from investors.  Their freemium games include Eliminate and Touch Pet Dogs, and both were downloaded 9 million times, with 2% of people willing to pay.  They also have two upcoming games, GodFinger and WeRule, that will adopt this free + DLC model.

ngmoco:) plans to release 20 iPhone titles by the end of this year, and Freeverse should be releasing around the same amount.  We’ll have more news as the story develops.

[via TechCrunch]

About Daniel

I have been an iPhone game addict ever since the NES emulator came out on the 1.1.4 iPhone 2G. After 2.0 and the App Store came out, my iPhone homescreen has never been the same. Other than writing reviews for App Store games, I play soccer/football, American football, volleyball, and golf. I love going to the beach and fishing on the pier. Some games not available on iPhone/iPod Touch that I truly love are the Call of Duty series, Guitar Hero III, Madden NFL 09, and PGR: Gotham Racing.

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