10 April 2019
Jam City Inc., a leader in mobile entertainment, continues its global expansion with the acquisition of Berlin-based 231 Play GmbH, a mobile gaming studio founded in 2016 that strives to update and reimagine timeless game mechanics to usher them into the current age of digital gaming.
With a team led by Hamburg/Berlin-based partner Dr. Jens Wolf, Taylor Wessing has provided comprehensive legal advice to Jam City Inc. in connection with the acquisition of 231 Play GmbH.
The Founders and managing directors Matthias and Thomas Hoechsmann will continue to manage development and operations from the company’s new Berlin studio.
Jam City Inc., founded in 2009 by MySpace co-founder and CEO Chris DeWolfe and former 20th Century Fox executive Josh Yguado, is a leader in mobile entertainment and has studios in Los Angeles (HQ), Burbank, San Francisco, San Diego, Bogotá, Toronto, Buenos Aires, and – following the acquisition of 231 Play GmbH – in Berlin. The Jam City team is known for its creative excellence and technological innovation in key areas including storytelling, data science and audience insights. The acquisition of 231 Play GmbH, now rebranded as Jam City Germany GmbH, taps the talented development team in Berlin and expands Jam City’s footprint into Europe.
Legal Advisors Legal Advisors Jam City Inc.:
Taylor Wessing: Dr. Jens Wolf (Partner, M&A/Venture Capital), Dr. Christian Gahr (Senior Associate, M&A/Venture Capital), Philipp Hoegl (Associate, M&A/Venture Capital), Konstantin Schrader (Senior Associate, Antitrust), Dr. Tobias Schelinski (Partner, IT/IP), Anneliese Hartlaub (Associate, IT/IP) all Hamburg
Jam City Inc. (Inhouse): Robert Zakari (General Counsel).