Glu Mobile has announced a tender offer to acquire publisher Superscape Group.
Glu is offering 10 pence for each Superscape share value for a total of around $36 million. The company, which was founded in 1993, is headquartered in San Clemente, CA, but has offices in Moscow and Fleet, Hampshire, UK. They’ve released titles such as Gum Blox, Capone Casino, Alien versus Predator, and Fight Club. Glu hopes that the acquisition will greatly expand their global reach.
“This Offer represents an important step in Glu’s strategy to become the number one mobile games publisher in the world,” said Glu’s president and CEO, Greg Ballard. “Superscape’s strong market position in the United States, heritage in 3D technology, and unique position as a leading white label publisher are a perfect complement to Glu’s world-class global presence.â€
The acquisition is not yet finalized. Superscape shareholders have 21 days from the day the tender offer document is mailed to accept it.
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