Japanese gaming company DeNA has announced plans to purchase Ngmoco for a cool US$400 million. This purchase sets quite a precedent as it represents one of the highest amounts ever paid for an iPhone application development firm.
DeNA sees the mobile social gaming market heating up rapidly. The company's founder and chief executive Tomoko Namba described his aggressive, forward-thinking vision to the New York Times: "The big tide in social gaming is coming, right now. We'd like to capture it and quickly become the world's No. 1 mobile gaming platformWe want to enable developers to go cross-device
