Founders leave DeNA’s Ngmoco mobile gaming division
C0-founders Neil Young (pictured above) and Bob Stevenson have left the Ngmoco division of Japans DeNA mobile social network company. Thats a big change for the organization, since DeNA acquired Ngmoco for more than $403 million in the fall of 2010 as part of its plan to move into the U.S. market.
Clive Downie, vice president of studios for Ngmoco, will take over as chief executive of the San Francisco subsidiary. Young and Stevenson will be moving on to their next adventure, according to DeNA. The changes are noteworthy since DeNA is a multibillion-dollar company in Japan and it has high hopes of conquering mobile social games in the U.S. It has a big hit with Rage of Bahamut (made by Cygames) right now, but the battle for the mobile gaming market is nowhere near over.
Young . DeNA had... [via VentureBeat]