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The Leading Russian Social Games Company i-Jet to Raise $20 Million

Files under: News, Web 2.0
Posted by: admin @ 16:02 [10. 10. 10]

The leading Russian social games publisher i-Jet Media is raising $20 million funding for a 25 percent stake in the company, reported newspaper Vedomosti. Some 75 percent of the funds to be invested into purchasing game development studios in different countries, while 25 percent – into buying out a minority stake from the founders of [...]