Gaming company gazillion a 60 million dollar injection
Source: Internet
Author: User
KeywordsGames gazillion
Beijing time November 9 Morning news, according to foreign media reports, the United States large multiplayer online game (MMOGs) company Gazillion recently received up to 60 million U.S. dollars in investment, indicating that the capital market is still very optimistic about this area. Under the impact of social networking games, the development of massively multiplayer online games has slowed down. However, Gazillion, which owns the comic image of Disney's Marvel Company, has recently received $60 million trillion in Singapore's Temasek Holdings Company. Gazillion said it was "at a critical stage of market expansion". In September, the company released a large multiplayer online game, "Lego World" (Lego Universe), which was developed as a prototype for Lego toys, and was widely praised by critics. Gazillion will release its first game based on the development of Marvel Comics next year. Gazillion had been low-key until March 2009, until it signed an exclusive game development agreement with Marvel. Soon after that, Marvel was heavily acquired by The Walt Disney Company. In addition to Temasek Holdings, gazillion investors include Hess Group (Hearst Corp.), Abu Dhabi media company (Abu Dhabi Media Co.), Revolution Ventures and Pelion Ventures. Temasek Holdings is a Singaporean state-owned company whose investment projects include many media companies, such as the Singapore Television and Broadcasting Company MediaCorp. It has a sizeable stake in Bharti Airtel, India's telecoms operator, and has invested in Chinese potatoes and long trips. (Chin Liang)
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