GREE to Establish a Subsidiary in Dubai, United Arab Emirates (UAE)- Expanding Collaboration and Development Support in the Middle East and Surrounding Regions -
TOKYO, Japan - November 11, 2011 - GREE today announced that it will establish a subsidiary in Dubai, of the United Arab Emirates. The subsidiary in Dubai will further GREE's expansion and support into the Middle East and surrounding regions.
GREE has been actively expanding globally as the smartphone market continues its rapid growth worldwide. With a focus on strengthening business collaborations and better supporting local game developers, GREE recently opened a North American subsidiary and announced additional offices opening in China, Korea, Singapore, England, Netherlands and Brazil.
In addition to their global growth and following their acquisition of OpenFeint in April 2011, GREE also plans to launch a new platform by mid-2012. The new platform will provide a global social gaming experience and more robust features for players and developers. It will be the largest global platform for both Android™ and iOS smartphone operating systems.
Overview of New Subsidiary*
|Trade Name||GREE Dubai, Inc. (tentative)|
|Headquarters||Dubai, United Arab Emirates (UAE)|
|Planned Date of Establishment||January 2012|
|Overview of Business||Collaboration with Game Developers and Developers Support in the Middle East and surrounding regions|
- *The corporate names may change in the registration process.
The effects of this announcement on our performance are under review and we will immediately disclose any major effects if identified.
About GREE, Inc.
GREE provides the leading mobile social networking service, and is at the forefront of mobile technology. GREE was ranked as Japan's fastest-growing tech company by Deloitte Touche Tohmatsu in 2010. GREE, following its acquisition of OpenFeint in April 2011, is expanding globally and will soon offer a single, worldwide mobile social gaming platform. Combined, GREE reaches over 150 million players and offers over 7,500 game applications for smartphones. GREE aims to build the leading mobile social gaming ecosystem for users and developers worldwide.