Twofish Acquired By Live Gamer

Today Live Gamer announced the acquisition of Twofish, the provider of virtual economy data solutions for casual and social gaming developers. The reason for the acquisition was to be able to provide gaming publishers with a full commerce solutions and monitoring system to help maximize revenue, in turn boosting Live Gamer’s micropayments solution. Back in March I first wrote about TwoFish who until then had been flying under the radar.

This is one of many acquisitions that we can expect in this space over the coming months as the trend toward consolidation continues. Live Gamer, a company that we haven’t covered before, wants to be a single stop marketplace for publishers. According to the CEO, Mitch Davis, who we spoke to last week, custom solutions are offered to large publishers in order to maximize total revenue opportunity.

Rather than letting the publisher integrate, Live Gamer works with the publisher to provide them with a full commerce solution that’s catered to their needs. Earlier this summer the company acquired another company, N-cash, in order to boost its offering portfolio. This happens to be a fast growing space with the rise of social gaming and there’s a good chance this is still just the beginning.

As digital transactions become more common these companies are poised to generate substantial profits. Previously Live Gamer was not a significant player in the social gaming space but with the Playfish acquisition, the company will be tightly integrated into the social gaming economy.