The story
Ian Lynch Smith founded Freeverse in 1994 as a shareware company. The first product was a version of Hearts Deluxe for the Mac that used game artificial intelligence based on Smith's studies in cognitive science, the subject for which he received his degree from Vassar College. On February 22, 2010, it was announced that Freeverse had been acquired by ngmoco.
On October 12, 2010, Japanese-based DeNA announced its acquisition of ngmoco for $400,000,000. Ngmoco became the regional headquarters for all Western subsidiaries of DeNA, including studios in Vancouver, Santiago de Chile, Amsterdam, and Stockholm. However, on October 18, 2016, DeNA announced the closure of all Western subsidiaries, including ngmoco.
From Wikipedia’s article on Freeverse Inc., shared under CC BY-SA 4.0.4