Glu Chief Executive Greg Ballard said the purchase, slatedto close by the end of this year, will boost its presence inChina and strengthen its relationship with China Mobile Ltd(0941.HK: Quote, Profile, Research), the world's largest wireless carrier.

MIG shareholders will receive $14.7 million in cash. Glucould make additional payments of up to $25 million in cash andstock if MIG meets certain financial milestones during 2008 andits principal officers remain employed by Glu.

Glu said the purchase is expected to subtract less than onecent per share from its fourth-quarter earnings before items.The company expects the deal to add to 2008 earnings, excludingacquisition charges and noncash amortization of intangibles.

"The amount of revenue we're expecting to get from this ismodest for 2008," Ballard said. "It provides us with afoundation to grow in China ... which will be significant." (Reporting by Lisa Baertlein; ...

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