EA buys JAMDAT for $680 million

[DFG]

http://money.cnn.com/2005/12/08/technology/ea_jamdat.reut/index.htm

Global revenue from games played on mobile phones reached about $1 billion in 2004 and the market is expected to double to roughly $2 billion this year, according to industry research firm Screen Digest.

Jamdat and Gameloft of France accounted for almost 30 percent of game download revenue in the United States and in Europe in 2004, Screen Digest said.

[Vorax]

Back in 1998 I suggested to my then employer (InfoSpace), who had plans to rule the wireless world, that we should get into developing games for wireless phones while we have the money and lead time to become market leaders - they didn't think games on phones would sell... true visionaries :rolleyes: