August 24th, 2005 by Arjan Olsder Posted in Companies & M&A | No Comments »
Media conglomerate Time Warner has made a $7.5 million investment in Glu Mobile, the privately held mobile gaming company said Tuesday.
In a move related to the investment, Andy Heller, president of domestic distribution for Time Warner’s Turner Broadcasting, has joined Glu’s board of directors. Glu, which will use the money to continue its global expansion, already publishes video games based on characters from Turner’s Cartoon Network. Read on … Read on …(2)
