Reliance Games is the mobile gaming subsidiary of Reliance Big Entertainment Pvt Ltd. The gaming company has announced that it has purchased a mobile gaming development and publishing company in Japan and a South Korean mobile gaming development studio to expand its presence in the international market.
The Japanese company is named Funnel Inc and with it Reliance Games Japan was established. Reliance Big Entertainment Japan Co has bought majority shareholdings with Bluesom Inc of Busan, South Korea. According to Reliance CEO Manish Agarwal, "After the success of Real Steel and F1 2011 mobile games globally, Reliance Games has embarked on a journey to expand its business beyond the North American markets. With these acquisitions, the company wants to tap the US$5.5 billion (Japan) and US$1.3 billion (South Korea) mobile gaming markets."
He added, "Investment in the development studio at Busan and the distribution team in Tokyo will enable us to develop games for local markets instead of trying to force fit western games in these markets."
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