Playsino Buys Two Social Gaming Firms

Los Angeles-based Playsino, which develops social casino games, said today that it has acquired two social gaming firms, including Popover Games and Foghorn Games. Financial terms of the buy were not disclosed. Popover Games develops social casino games such as Popover Poker. Foghorn Games is a developer of Popover's social casino game Bingo Around the World. Popover was founded in October of 2010; Playsino is headed by Brock Pierce. Playsino is backed by such investors as IDM Venture Capital, Pacific Capital Group, Siemer Ventures, and angel investors, including Jordan Simons, Wicks Walker, Tomorrow Ventures, Jim Armstrong, and Michael Huskins.