These businesses were merged with Gibraltar Life, earlier this year and allowed Prudential to expand its market share in terms of new business face amount from 7.3%, per-acquisition to 10.4%, post-acquisition.
The purchase of fast-growing mortgage company Countrywide Financial supposed to be the quick move into the mortgage market, a natural business to expand for a bank with plenty of funds to lend.
Overall, given the outlook for strong growth in the mobile gaming market and the smart steps that Glu is taking to expand its business, I think shares of Glu Mobile are attractive.
Our recent acquisition of gloops in Japan shows the kinds of opportunities we see in that market, and it also gives us the ability to expand our mobile business globally.
Atlanta electronic exchange Intercontinental Exchange has managed to take more than a quarter of the market share in just over a year and is urgently trying to find a partner to expand its business more.