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Business  12, Mar 2014

SoftBank Ventures Korea invests in newly-founded Turbo Studios

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The move has been made to work on a new category of mobile games for core gamers

SoftBank Ventures Korea, arm of Japanese telecommunications and internet company SoftBank, has invested in Turbo Studios, saying that it has game-changing ideas about how video games should be made. The move has been made to work on a new category of mobile games for core gamers.

Turbo Studios is a bit of an enigma. It has been operating in stealth mode since last year and has not announced any upcoming games or plans yet via its website. However, its CEO, Yohei Isshi, confirmed via Polygon that their first game will be released in 2014, and that it has been tailored to the expectations of the core gamer, a community that hasn’t really been properly embraced in mobile.

It is worth noting that before this development, SoftBank Corporation had also invested in Sprint, as well as T-mobile, which points to this being yet another move in congruence with a broader mobile strategy. Additionally, SoftBank Corporation invested in GungHo Online Entertainment, known for its hit game Puzzle and Dragons, which received 10 million downloads.

Read Also: SoftBank Pan Asia Fund, The one year hunt in Southeast Asia

The Turbo Studios development team has been described as a “dream team”. It includes industry veterans from both, mobile and consoles backgrounds. These individuals have experience working in prominent companies such as Nintendo, Sony, CCP, Riot, Rockstar Games, OMGPOP, Q-Games, Kabam, and Zynga. Notably,CEO Isshi was the director of business development in Square Enix for North America from 2005 to 2007. He then went on to take up prominent roles in CCP Games and Live Gamers.

Games tailored to core gamers on mobile? That would be spectacular, and probably make us even more attached to our smartphones and tablets. Time will tell if  the companies have the metaphorical muscle to back these ideas.

Theon Leong

Theon Leong

Theon is a skeptic who believes in possibilities after learning that three thirds of a pie does not add up to one and that cats can be dead and alive at the same time. He writes about business and technology, and is particularly interested in deconstructing complex ideas into bite-sized chunks. His favorite novel is The Little Prince, and spends his free time on chess and video games.

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