Glu Mobile inks Android gaming partnership with Nvidia

Social game publisher Glu Mobile will partner with visual computing technologies developer Nvidia to create a series of new Android smartphone and tablet titles. According to Glu, the new games will leverage Nvidia's Tegra 2 mobile superchip, which employs a dual-core central processing unit to deliver faster mobile web browsing, hardware accelerated Flash and console-quality gaming with an ultra-low power GeForce graphics processing unit.

Glu Mobile has already introduced close to two dozen Android games. In November 2010, the firm posted Q3 2010 revenues of $15.5 million, compared to $19.6 million a year ago, while reporting losses of $1.6 million, an improvement from $4 million in Q3 2009. "During the third quarter, we were able to sequentially grow smartphone revenues by 12 percent, micro-transactions and in-game advertising by 98 percent as well as monthly active users by 15 percent," Glu CEO Niccolo de Masi said in a prepared statement, adding the company plans to introduce five to six new social, persistent titles every quarter beginning in the fourth quarter.

For more:
- read this release

Related articles:
Gaming firms Glu, EA narrow quarterly losses
GetJar gives away premium Glu games for free
Glu Mobile raises $13.5 million in private placement