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WildTangent, the company behind many games such as FATE and BlasterBall announced today that it has closed its internal development studio, WildTangent Game Studios, laying off around 20 of its staff in the process. CEO and co-founder Alex St. John has also been replaced by Mike Peronto, formerly COO of the firm - but will stay on as chairman.

The company also manages the advertising sales for a group of gaming properties comprised of MMOGs and game portals including PopCap.com, FreeOnlineGames, Jagex’s Runescape and FunOrb properties, as well as Artix’s AdventureQuest, DragonFable and MechQuest properties.

Approximately 30 of the more than 600 games were produced by the company's own WildTangent Game Studios. The rest of the games on the WildTangent Game Network are from other game developers and publishers.

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