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August 31, 2007
DailyMotion Raises $35M and Other Fresh Euro Deals
Advent Venture and AGF Private Equity joined early investors Atlas and Partech in a new round for France's DailyMotion, a video clip and sharing platform. The €35M deal news was reported by the WSJ behind its firewall but covered by Techcrunch and GigaOm's NewTeeVee for the rest of us.
Alawar Entertainment, a casual games startup, has sold a minority stake to Russia's Finam Investments, a deal that Yakov Sadchikov, founder of VC-backed Quintura alerted us to. The size of the investment was not announced but it will be enough to make some acquisitions of local design studios and add some revenue generating features to the games, the firms said.
View Alawar
M&A
Wind River said it acquired Comsys S.R.L., an embedded software consulting firm in Romania, for $1.4M. Founded in 2000, Comsys currently has 52 employees. The startup which has been supplying Wind River with its expertise in embedded systems for automotive and aerospace products was bought for its talent. The founders are Cristina Segal and Luminita Dumitru.
View Comsys
The UK's Telcogames, a global publisher, developer and distributor of mobile games has acquired Sydney, Australia-based Viva La Mobile a multiplayer games developer for mobile devices that has sold content to Asia Pacific cellcos to the tune of over 1.4M paid for multiplayer game sessions, it said. No disclosure on the deal size.
Read - Telcogames : Next Gen, Windows Mobile & Symbian games for your mobile phone - (telcogames announcement)
Posted on August 31, 2007 06:35 AM | Posted to News And Updates | Permalink
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