X-Factor firm buys mobile dev

Canadian mobile game studio Ludia says it will sell a controlling 51 per cent share of the company to RTL Group, said to be Europe’s largest television and radio broadcast company.

RTL division FremantleMedia will benefit from the takeover, with the firm now owning 80 per cent of Ludia.

Financial terms of the sale were not disclosed. The sale is hoped will be finalised before the end of the year.

For the full story, head over to Develop.