Indiagames Reorganizing?

March 22nd, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

This morning we received a few e-mails from India explaining that IndiaGames is undergoing reorganizations. The e-mails where not coming from IndiaGames itself.

According to our source, the reorganization focuses mostly on the financial side of the company and creditors have been informed about it. More details will surface in the next few weeks.

IndiaGames has been a developer with a long history in mobile games. The company was there from the beginning of the market but quickly lost its position on the EU and US market as it didn’t increase its quality. Later attempts with big Hollywood brands and even a license for Bioshock didn’t bring IndiaGames back to a leading developer role. These days, IndiaGames is owned by uTv.

Tags: Creditors . IndiaGames . Reorganization . uTv
Permalink: https://www.mobilegamesblog.com/indiagames-reorganizing/
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