Jumbuck buys Plutolife for $3.7m
Australian mobile social networking firm snaps up competitor from Norway’s Funcom. Swiss-Norwegian games developer Funcom has sold its social networking subsidiary Plutolife AS to Jumbuck for $3.7 million.
Oslo-based Plutolife says it has over a million users in 16 countries. Last October the company completed a convertible bond issue to help fund a move into the US market.
Its services include Mobilove dating, Mobiflirt ’speed flirting’ and Mobimodels blogging and picture voting, as well as various white label solutions. Jumbuck says its own services have 15 million users globally.