Mobile game studio SGN has bought TinyCo, the mobile game developer responsible for titles such as Family Guy: The Quest for Stuff, and Marvel Avengers Academy. The terms of the deal have not been revealed.
SGN announced the deal’s closure, its third since the end of 2015, and stated it expects TinyCo to earn in excess of $100m in 2016, adding that the two aforementioned games have been downloaded more than 100 million times together.
SGN has acquired TinyCo for an undisclosed amount
In a blog post, CEO Chris DeWolfe talks about the importance of the acquisition, saying it “advances our goal to not only grow but also becoming a mobile gaming entertainment franchise.” TinyCo’s biggest games are crossovers with established film and TV franchises, something SGN sees as becoming an even larger trend over the next few years.
Despite the sale, TinyCo will continue to operate in San Francisco, and the 125-person team will be added to SGN’s overall staff. SGN acquired Kiwi Inc and Fast Rascal Games at the end of 2015, and boasts 50 million monthly active game players around the world.