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Jamba Quitting Mobile Games Development, Shutting Ojom Unit

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Rafat was almost right on the button. In a meeting today, Jamba decided to stop developing its own mobile games, so is shutting its Ojom development unit. Berlin-based Ojom is actually one of VeriSign’s (NSDQ: VRSN) contributions to the venture with News Corp (NYSE: NWS). which will now concentrate only on marketing and distribution as far as games go. Jamba retains non-games production capacity including Fox content like The Simpsons and its latest ringtone phenomenon Schnuffel.

SEE ALSO: What’s Happening At Jamba? Strategic Options?

CEO Mauro Montanaro (via emailed release): “The games market has matured significantly over the past few years. We now already have over 100 partnerships with well-known games publishers ... Therefore, we no longer see the need to develop our own content in this specific area.” Ojom had produced titles including Men In Black, Charlie’s Angels (pictured) and Macho Or Nacho.

May 29, 2008 11:46 AM ET

Posted In: Companies, News Corp., VeriSign, Countries, Europe, Germany, jamba, ojom

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