January 6, 2005
JAMDAT Mobile Acquires Downtown Wireless
Wireless entertainment publisher JAMDAT Mobile Inc. announced today the acquisition of Downtown Wireless, L.L.C., the developer of Downtown Texas Hold 'Em and other popular casino titles.
"The acquisition of Downtown Wireless is consistent with JAMDAT's strategy to build value from a slate of owned intellectual properties," said Mitch Lasky, Chairman and CEO of JAMDAT. "Through this acquisition, we will broaden our portfolio of casual games that have proven to be popular with consumers."
"Joining JAMDAT, an industry leader, is a tremendous honor and a great opportunity. This immediately expands our distribution in the U.S. and around the world for our very successful flagship title, Downtown Texas Hold 'Em," said Ruben Sandoval, a co-founder of Downtown Wireless, L.L.C. "When Verizon Wireless announced its Get-It-Now game rankings on October 26th of 2004, Downtown Texas Hold 'Em was ranked number two overall - behind only Tetris."
Lasky added, "Poker games are enjoying a surge in popularity among consumers. With Downtown Texas Hold 'Em, JAMDAT poker enthusiasts can enjoy the thrill of the game on their mobile phones."
Downtown Wireless is headquartered in Los Angeles and was founded in 2003. The company's slate of games includes Downtown Texas Hold 'Em, Downtown Video Slots and Downtown Roulette.
Source: JAMDAT Mobile
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