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August 15, 2006
Fun Technologies Acquires Flash Games Startup, Its Seventh Acquisition
FUN Technologies, which was founded in 2002 and went straight from friends and family financing to an AIM listing, has made its seventh acquisition, buying Teagames, a casual games developer that works in FLASH (Adobe/Macromedia) that was founded in 2003.
No financial details were disclosed. FUN's founders are still running the company. It is publicly traded on the AIM and TSE and is 51 percent owned by Liberty Media.
FUN says it has acquired a popular games developer that will expand European reach and market size.
Read - FUN Technologies Acquires UK Casual Games Site, Teagames (press release)
Posted on August 15, 2006 11:28 AM | Posted to News And Updates | Permalink
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