Newly formed partnership company 6waves Lolapps has acquired gaming studio Smartron5.
Corporate-backed Hong Kong-based social gaming publisher 6waves Lolapps acquired China-based social gaming company Smartron5 on Friday for an undisclosed amount. Smartron5 had previously been backed by private equity firm Origo Partners.
Game publisher 6Waves and game developer Lolapps merged in July creating the new company, though the two continue to also operate independently. After the merger, 6waves Lolapps received financing from online gaming company Nexon in August.
Prior to the merger, 6Waves had raised $17.5m in funding from venture capital…
