MocoNews has learned that mobile games developer Hands-On Mobile is shedding its European game business four years after acquiring the company. This division, which also covers the Middle East and Africa, will be transferred to an expanded Connect 2 Media , a cross-platform game developer. The business goes right back into the hands of Eric Hobson, CEO of Connect 2 Media, who originally sold the earlier incarnation of the division, Blue Beck Media, to Hands-On four years ago. He left Hands-On earlier this year to join Connect 2 Media. Hands-On will retain a minority stake in the operation, which at the same time is receiving a $6.7 million investment from Acuity. Hands-On injected some cash into the deal, as well, but it was minimal since the deal was mostly pegged around the transfer of its EMEA assets. This follows Hands-On's sale of its Korean division to EA less than two months ago for $29 million in cash. Niccolo de Masi , president of Hands-On, explained the move in an interview today: "We've been looking at how we can bulk up our distributing ability in EMEA for a while now." The company had to buy or build in order to achieve that and thinks it's getting both with this deal. By "rolling ourselves into one vehicle," the company's opportunity will grow substantially by getting more boots on the ground and combining each of the parties' areas of expertise across multiple platforms. "We've effectively taken a smaller stake in a much larger entity… We don't consider ourselves to be selling anything to be honest." Hands-On wouldn't disclose how much of a share it gets in the bigger company, but said it retains all the rights that come with being a minority shareholder. Acuity and Connect 2 Media will also be minority shareholders in the newly merged company, leaving no party with a majority share . Hands-On plans to increase its equity in the company through continued investment, De Masi said, adding that...