App Developer Acquired for $400 Million

DeNA Buys Ngmoco

The Silicon Valley app developer Ngmoco is being acquired for $400 million. The deal is one of the largest involving an app developer to date. The Japanese social gaming company, DeNA, is purchasing Ngmoco to increase its presence in the rapidly growing area of social gaming on mobile devices. Read the full New York Times article.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit


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