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October 19, 2007
Fresh Deals: Sic Processing, M&A For Eastern European Games, and more.
+ Globes is reporting that Oberon Media Inc. has acquired Kenjitsu, an outsourcing studio in St Petersburg, and Kiev-based Friends Games, developer of Magic Match: The Genie's Journey. The paper, which speculates that the venture is bulking up for an IPO, said that the size of the transaction was not disclosed, but its sources said the transaction was worth $20 million.
Read - Globes [online] - Oberon Media buys two European companies
+ Tornado Insider is reporting that SiC Processing completed a €53 million financing round. It said that almost a year after the postponement of its IPO on the Frankfurt Stock Exchange, German cleantech company SiC Processing has found other sources of funding.
Read - Tornado Insider - News - SiC Processing completes €53 million financing round
+ Sister site alarm:clock reports that Finland's Recoil Games has been funded.
Read - Gamemaker Watch
Posted on October 19, 2007 07:13 AM | Posted to News And Updates | Permalink
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