Games Community Palringo Acquires Helsinki-Based Chat Games Developer Tribe Studios

Palringo, a platform where users can chat, play games and build communities around mobile games, has acquired Finnish game developer, Tribe Studios. Terms were not disclosed. The moves follow its acquisition last year of Swedish game studio, Free Lunch Design.

Tribe Studios is best known for its patented Dramagame technology, which it uses to develop multiplayer role-playing games. The platform is built around chat interaction, where one game has multiple points-of-views and an many possible outcomes, based on player decisions.

Palringo, which last year told us it had hit 35-plus million users globally and revenue growth of 100 percent to $14 million, bases its business on selling chat-based games, premium features and in-game purchases. It’s clearly now rolling up games studio to create an integrated community games platform.

CEO Tim Rea says Tribe Studios believes “the combination of games, messaging and communities creates a fantastic, sustainable proposition,” and plans to bring their Dramagame concept to mobile through Palringo’s chat games.