Japan's GungHo buys 70% stake in PlayPhone

On the tonight, exciting news jumped. Japan's GungHo Online Entertainment buys 70% stake in PlayPhone, and make them the subsidiary. Press release is here, but currently only available in Japanese.

Now, GungHo is known as a company of megahit mobile game Puzzle and Dragons, but unfortunately it has a hard fight in the North America market. It is the second that they got the overseas company. It is the second that they got the overseas company. They got Finland's  Supercell just one year ago. Probably they make efforts in overseas advance more.