Business Daily from THE HINDU group of publications Saturday, Dec 15, 2007 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Marketing
-
Strategy Corporate - Mergers & Acquisitions UTV completes Indiagames buy Our Bureau New Delhi, Dec. 14 UTV Software Communications has completed its acquisition of 60 per cent stake in Indiagames, the online and mobile games company. The company will be integrated with UTV businesses which are divided into four verticals — movies, television content, broadcasting, and interactive (animation and gaming). The company had earlier also acquired a controlling stake in Ignition, a UK-based gaming company. With Indiagames under it, UTV now has a presence across console and handheld games development and global publishing, global mobile games publishing, and a unique online PC games distribution model in India, the company said. Synergies“We have been working very closely and successfully with UTV on a number of initiatives over the last few months and look forward to maximising the benefits arising from the various synergies from our association,” said Mr Vishal Gondal, Founder and CEO, Indiagames, in statement. More Stories on : Strategy | Mergers & Acquisitions | Entertainment & Leisure
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|