Social gaming companies Lolapps and 6waves have agreed to merge operations to create a larger network of social gaming applications on Facebook and the web. Financial terms of the deal were not disclosed.
Together, Lolapps and Hong Kong-based 6waves attract 35 million monthly active users around the world. In particular, 6waves bring international reach to Lolapps, and the combined company will now have offices in the United States, Japan, Hong Kong, and the United Kingdom.
The combined company will be branded as 6waves Lolapps, but 6Waves and Lolapps will continue to function independently. CEO Rex Ng will become the CEO of the newly merged company, with Lolapps CEO Arjun Sethi reporting to Ng.
According to VentureBeat, Lolapps also recently acquired a Flash games creation engine from Sean Cooper Games and hired its creator. As of March, the company’s game Ravenswood Fair had 25 million monthly active users across a number of social networks.
Both companies are profitable. Lolapps is backed by Polaris Venture Partners and Ron Conway and 6Waves raised $17.5 million from Insight Venture Partners.
Entertaining over 100 million users per month, Lolapps provides the largest network of social games and applications on Facebook. Our most recent game Ravenwood Fair is currently in the top 10 games on Facebook with over 11MM monthly unique users. We make social games and applications that are unique, entertaining and make people laugh… out loud. We began with virtual quizzes and gifting, and we’ve quickly become one of the most recognizable social developers in the space. Our Quiz...
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