MySpace co-founder on games acquisitions spree

Chris DeWolfe, the former MySpace CEO, has bought out a mobile games group and another network as part of a wider acquisition spree.

DeWolfe already owns the social games platform MindJolt, which in 2010 he filled with a number of former MySpace executives to run the outfit.

He’s now purchased mobile and social games developer SGN – responsible for titles such as Mini Tycoon Casino, F.A.S.T. and Skies of Glory.

Hallpass Media, an online casual games network with more than four million customers, has also been acquired.

Terms of the buyouts were not disclosed.

DeWolfe wants his San Franciscan firm MindJolt to build a one-stop shop for games across mobile, social and the Web, according to a report on All Things Digital.

Hallpass media will contribute nearly 1,500 web games to the MindJolt platform, while SGN is hoped will add successful iPhone titles to the business.

SGN is responsible for two apps that hit the top of the Apple App Store, according to All Things Digital, and another four to five that reached the top ten.

“We are a profitable company with 25 million unique users that is turning into a publisher and developer with a lot of strength on the Web, meaning specific domains outside of Facebook, Android and iOS,” said DeWolfe.

“This three-pillar approach enables MindJolt to deliver our games wherever people choose to play, and differentiates our service from others in this space,” he added.