Tuesday, 6 April 2010

Reliance BIG Entertainment Buys 50% Of Codemasters

Mumbai based Reliance BIG Entertainment has obtained 50% stakes in British developer/distributor Codemasters. Their gaming division, Zapak Digital Entertainment, will be the one to oversee Codemasters activities. Codemasters CEO Rod Cousens commented:
"The opportunities arising from this partnership are truly exciting. This is great news for our development and publishing teams. Reliance and Zapak have immense resources and will help us realize the full potential of our game coding and online excellence across so many platforms, and especially in the world's fastest growing markets. The future of Codemasters has never looked brighter. It's a whole new game!"
Balderton Capital are the holders of the other 50%. Codemasters had revealed to be searching for investors so I guess now they can fully concentrate on giving us great games... hopefully.

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