Watch CBSN Live

Big Fish Gets Bigger; Swallows Grubby Games

This story was written by Tameka Kee.
Casual gaming company Big Fish Games has bought out Grubby Games, a smaller studio based in Vancouver, B.C. Big Fish gets Grubby's three employees and all of its games, per TechFlash; financial terms were not disclosed.

Seattle-based Big Fish has grown into a major player in the casual games space, bringing in more than $85 million worth of revenue in 2008, up 20 percent year-over-year. It's been scaling out ever since it raised a monster $83.3 million round last September: the company set up a new studio in Vancouver shortly afterward, and expanded to Ireland earlier this month. CEO Jeremy Lewis told TechFlash Big Fish plans to hire 100 employees for that facility over the next three years, since more than half of its sales now come from outside the U.S.

By Tameka Kee

View CBS News In