Social Gaming is Big Business

On Tuesday afternoon two large companies threw their hats into the social gaming ring.  Gamestop announced their plans to acquire Kongregate Inc., a social gaming forum for free-to-play gaming. Kongregate currently hosts 10 million monthly players.  Just hours later Disney announced plans to purchase another social gaming platform, Playdom, for around $763 million.

I'll be curious to see how many companies follow their lead in the next few months.  More information can be found here:


Social-game makers scooped up in acquisition deals

GameStop Buys Online-Games Distributor Kongregate