Wednesday, January 18, 2012

6waves Lolapps Acquires Escalation Studios

San Francisco-based 6waves Lolapps, a social games developer, said today that it has acquired Escalation Studios, a Dallas-based mobile game developer. Financial terms of the acquisition were not disclosed. 6waves said the buy brings its overall headcount to 210 employees. 6waves explained that Escalation Studios' Tom Mustaine and Marc Tardiff have become Design Directors, and co-founder Shawn Green becomes Director of Engineering. Escalation Studios was advised by GCA Savvian Advisors in the deal.