From Mobile Game Developer Backflip Studios Scores $112M from Hasbro:

Backflip and Hasbro team up
Backflip and Hasbro team up

Backflip Studios, a Boulder, CO-based mobile game developer, has joined forces with Hasbro following a deal in which Hasbro paid $112 million to acquire a 70 percent stake in Backflip. Backflip makes apps for Android and iOS. Titles include DragonVale and Paper Toss.