EA Buying Hands-On Mobile Korea

Electronic Arts Inc. has agreed to acquire the assets of Hands-On Mobile Korea, the Korean division of San Francisco-based mobile gaming publisher Hands-On Mobile (f.k.a. Mforma). No financial terms were disclosed. Hands-On Mobile has raised around $104 million in VC funding from firms like Bessemer Venture Partners, General Catalyst Partners, eFund, Draper Fisher Jurvetson and Institutional Venture Partners.

 

PRESS RELEASE

Electronic Arts Inc. (ERTS) today announced that it had agreed to acquire the assets of Hands-On Mobile Korea, a leading Korean mobile developer and publisher, best known for its mobile role-playing game, Heroes Lore. Upon completion of the acquisition, the former Hands-On Mobile Korea team will become EA Mobile Korea and will play a strategic role in the EA Mobile