Neil Young sold his San Francisco startup Ngmoco to Japan's DeNA for $403 million in the fall of 2010. And that was just the beginning of Young and DeNA's quest to create a multibillion-dollar mobile entertainment group, he told VentureBeat last year. DeNA, with $1.4 billion in revenues in the last year, has already cleared many hurdles on that path. Ngmoco has integrated its NG Core technology with DeNA's Mobage social mobile gaming network to create a new platform for smartphone entertainment.
(venturebeat.com)
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