Recently-Acquired Ngmoco Accumulated Losses of $13.36m In 2008, 2009

Social game company DeNA has revealed that CA-based iOS developer and publisher Ngmoco, DeNA acquired earlier this week for up to $403 million, saw its losses more than quadruple from its inception in 2008 to 2009. Documentation on DeNA's Japanese investor website [PDF] (unearthed by Mobile Entertainment) show that the Rolando, We Rule and Plus+ Network developer generated $10.9 million in losses during 2009, up from losses of $2.5 million in 2008. But the company's ...

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