UEI Raises 500M Yen From JAFCO /Cnet Japan

Ubiquitous Entertainment (UEI) announced that it conducted an allocation of new shares to JAFCO. The amount is 500 million yen.

With the fundraising, UEI plans to strengthen developments of social games and smartphone games, and work around to new businesses such as global expansion of multi-platform application development engine focused on HTML5+JavaScript, enchant.js, and native application development platform for Android devices based on enchant.js, enchant PRO.

Cnet Japan 9/30/2011

memo

• UEI develops middleware for mobile application such as video streaming, CMS, and AR navigation.