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Gree and Yahoo Japan launch new social and mobile initiative

Brenna Hillier avatar
News by Brenna Hillier Contributor
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Mobile publisher Gree and Yahoo Japan have teamed up to open a new developer of social and mobile games, GxYz Inc. GamesIndustry reports the two companies began laying the foundation for the new developer in November 2012, and have fronted ¥200 million ($2.1 million) in capital. Gree holds 51% of shares in the new company, while Yahoo holds the remaining 49%. The board of directors is composed of two members of each company, and Gree's Tomoyuki Isaka will act as CEO. Social network provider Gree is a major force in mobile gaming in Japan and is expanding operations in the west. It's responsible for Metal Gear Solid: Social Ops.

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About the Author
Brenna Hillier avatar

Brenna Hillier

Contributor

Based in Australia and having come from a lengthy career in the Aussie games media, Brenna worked as VG247's remote Deputy Editor for several years, covering news and events from the other side of the planet to the rest of the team. After leaving VG247, Brenna retired from games media and crossed over to development, working as a writer on several video games.
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